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July 8, 2019

 

TRID rules apply to MOST consumer credit transactions secured by real property. These include mortgages, refinancing, construction-only loans closed-end home-equity loans, and loans secured by vacant land or by 25 or more acres.

The rule does NOT apply to Home Equity Line of Credit transactions reverse mortgages secured by a mobile home or another dwelling that is not attached to real property.

Also, TRID rules do NOT apply to loans made by a person or business that makes 5 or fewer mortgages in a calendar year.

When you’re ready to start searching for homes visit www.TucsonHouseHuntOnline.com to search homes for sale just like a real estate professional.

If you have a home to sell in Tucson, visit www.GetMyHomeBuyer.com and Save $1000’s when you list and SELL pay ZERO commission.  List – SAVE $ Sell!

If you have questions or are ready to sell, call or text  at 520-428-1499 or email at John@JohnGSellsHomes.com

www.GetMyHomeBuyer.com List – SAVE $ Sell!

About the author 

JohnGiammarco

JohnG has been a licensed Real Estate professional for over 20 years in three separate states. He has a master's degree in business and has to many personal real estate transactions to count. With this much experience it's safe to say JohnG knows a thing or two about how to sell a home. He is dedicated to helping homeowners discover the truth about the real estate industry and the COMMISSION LIE, many agents and brokers perpetrate in order to earn an income at your expense.  He says "if your paying a commission to sell your house your paying way to much!"

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