All About Construction Loans

Construction loans have caused a lot of havoc for the industry ever since the TRID Rule was first released.  The lack of guidance has left many of us BSA Training and Banking Regulations Compliance Consulting diane11 - All About Construction Loansfrustrated.  Fortunately, the industry asked for further clarification on these types of closed-end, multiple-advance loans and we got some with the TRID changes that become mandatory in October or as we lovingly refer to it “TRID 2.0”!  As with most things compliance-related, there were a few surprises in what the CFPB gave us.

 

We recently hosted a webinar entitled, “TRID: All About Construction Loans” that covers everything you need to know about doing construction loans under TRID.  If you missed it, don’t worry, you can still access it On-Demand.

 

If you do construction loans, you need to make sure you take a close look at these requirements!

Learn more about getting your construction loans with TRID compliance training and consulting here. 

 

What Others Said About the Webinar

Jim Bedsole @ BankSouth
One of the best presentation on any aspect of TRID that I’ve ever heard (and I’ve heard a lot).  Outstanding information in an easy to understand and follow format.  Great job, Jared!
Wendi Scobey @ Select Bank & Trust Company
Great training on TRID construction loans…. put in plain English. It was a fast-paced training but very informative and a manual is a great tool…they explain each section, cite regulation and provide calculation samples/examples.

 

Published
2018/08/22
Diane Dean

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