I am getting a mortgage loan and I have heard the term “TRID.” What does “TRID” mean?

Answer:

“TRID” is an acronym that some people use to refer to the TILA-RESPA Integrated Disclosure rule.  

This rule is also known as the Know Before You Owe mortgage disclosure rule and is part of our Know Before You Owe mortgage initiative. Learn more about Know Before You Owe.

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