TRID: Construction Loan Escrow Payment


On a construction-permanent loan (one closing), should the escrow payment be reflected in the first column of the Projected Payments Table?  


AdobeStock 118898100 1 300x200


It depends.

When disclosed as a single transaction and the construction phase is less than a full year, the first column should reflect payments during the construction and permanent phases, as well as any escrow (and/or mortgage insurance) payment.


Join us for the TRID: All About Construction Loans Webinar on July 16, 2019. We will answer all the questions submitted during the live webinar, in writing.


Register NOW!




Want more TRID Free Tools? See them HERE.

Find out more about TRID Construction Loans HERE. (scroll to see all our blogs regarding construction loans)

Share This