Know Before You Owe Mortgage Initiative
Real estate professionals are trusted resources for people choosing to buy a home. New rules taking effect will change your clients’ home buying experience. Since clients turn to you for help, we’re providing you with this guide to explain the Consumer Financial Protection Bureau’s (CFPB) Know Before You Owe mortgage initiative.
The Know Before You Owe mortgage initiative is designed to empower consumers with the information they need to make informed mortgage choices. It includes the implementation of the TILA-RESPA Integrated Disclosure rule, which is often referred to as “TRID.” We prefer Know Before You Owe (and since getting past jargon is a first step, we think you might prefer it too).
The Consumer Financial Protection Bureau (CFPB) launched a new online toolkit for real estate professionals as part of its “Know Before You Owe” campaign.
> > > CFPB Know Before You Owe TRID Tools: http://1.usa.gov/1LjawMx
Additionally, we have shared the Jobe Sanganan “Know Before You Owe” Seminar hosted by Champions School of Real Estate video and presentation download links available below.
CSRE Jobe Sanganan “Know Before You Owe” Seminar Video
> > > Click here to watch directly on YouTube: http://bit.ly/1g2zbrr
> > > If you want to follow along, the pdf version of Jobe Sanganan “Know Before You Owe” Presentation is available for download, here: http://bit.ly/Champions-KnowBeforeYouOwe