Compliance Essentials: TRID

This two-hour course provides a comprehensive look at Regulation Z’s TILA-RESPA Integrated Disclosure rule, commonly known as TRID. Students will gain a thorough understanding of the rule’s purpose, the two key disclosure, critical timing requirements, and the compliance obligations it places on lenders.

Whether you are new to real estate finance or seeking a structured review of TRID requirements, this course delivers the foundational knowledge needed to confidently navigate mortgage transactions from application to closing.

By the end of this course, students will be able to:

• Identify which transactions are covered, and which are exempt under TRID
• Describe the purpose, content, and structure of the Loan Estimate (LE)
• Describe the purpose, content, and structure of the Closing Disclosure (CD)
• Apply the three-business-day delivery and waiting period requirements for both forms
• Recognize the three “Changed Circumstance” categories that permit revised Loan Estimates
• Understand tolerance buckets for fee changes and the consequences of tolerance violations
• Identify common TRID compliance errors and how to avoid them

This course is designed for mortgage loan officers, mortgage processors and compliance staff