Completing the HUD-1 For Loans Not Covered Under TRID
Course Number: ABA
Course Code: n/a
Designed to teach students to recognize each field on the HUD-1 form and indentify the requirements for completion. Includes a detailed explanation of each field and several examples that aim to clarify specific loan situations. While most loans originated after October 3, 2015 will use the Truth-in-Lending Integrated Disclosures (TRID) forms, some loans will still require a HUD-1.
FREE companion course, Pre-Information on TILA-RESPA for AllRegs Mortgage Courses provides a brief fact sheet: “TILA-RESPA Integrated Disclosure: What Does It Mean For You.” Add this course to your shopping cart during the purchase process.
Produced by Ellie Mae/ AllRegs®
What You’ll Learn
After completing this course, students will be able to:
- Recognize each field on the HUD-1
- Identify requirements for completion of each field
Audience: Mortgage loan closers, Settlement agents, Post closers, Loan processors.