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Sweeping Changes to Mortgage Closings

The Gradiz Group
The Gradiz Group – CFPB Training at SABOR

The HUD & Good Faith Estimate are out and the Loan Estimate & Closing Disclosure are in as of 3 Oct. With the new forms, it is easier for the borrower to compare loans, clients will have 100% visibility of all their costs, and the new forms will prevent any surprises at the closing table. The Gradiz Group has prepared since late summer & we continue to have weekly meetings with our lending partners to ensure success. Let us know if you have any questions!