The TILA-RESPA Integrated Disclosure Rule (TRID) fundamentally transformed the mortgage disclosure process by integrating requirements under the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA). Designed to promote transparency, accountability, and consumer understanding, TRID standardizes how loan terms and closing costs are disclosed throughout the mortgage transaction.
This course provides a comprehensive review of TRID requirements from application through post-consummation corrections. Participants will examine Loan Estimate timing rules, intent-to-proceed restrictions, tolerance categories, valid changed circumstances, Closing Disclosure delivery requirements, and waiting period triggers. The course also explores common regulatory findings and operational pitfalls, along with frequently asked questions that arise in real-world lending environments.
By the end of this training, learners will be better equipped to manage disclosure timing, fee accuracy, redisclosure obligations, and post-closing corrections—supporting compliant, efficient, and consumer-focused loan transactions.

Learning Objectives

By the end of this course, learners will be able to:
•    Explain the purpose and regulatory framework of TRID.
•    Identify the six elements that constitute a complete application.
•    Describe the timing requirements for delivering the Loan Estimate and Closing Disclosure.
•    Explain borrower intent-to-proceed requirements and restrictions on fee collection.
•    Distinguish between zero tolerance, 10% cumulative tolerance, and no tolerance fee categories.
•    Identify valid changed circumstances and explain when revised disclosures are required.
•    Recognize when the three-business-day waiting period must restart.
•    Identify common TRID violations related to timing, tolerance, and disclosure accuracy.
•    Explain post-consummation correction and cure requirements.
•    Apply TRID rules to practical compliance scenarios.