TRID- Government Required Delays

Learn about the TRID regulation and how it impacts your mortgage process. TRID introduces mandatory delays, including a 24-hour cool down after locking your interest rate and a three-day cool down after receiving the Closing Disclosure. Planning for these delays is crucial for a smooth transaction.

Key Takeaways:

• Explanation of TRID and its impact on the mortgage process.
• Importance of the 24-hour and three-day cool-down periods.
• Necessity of planning to accommodate TRID delays.

Contact Us for Expert Help

Questions? Reach out to us at questions@seattlesmortgagebroker.com for professional support.