Can Creditors Collect Information Beyond The 6 Required Pieces?

by | Jun 24, 2015 | TRID

In addition to the required pieces:
  • Name
  • Income
  • Social Security Number
  • Property Address
  • Estimated Property Value
  • Mortgage Amount Sought
a creditor may collect whatever additional information they deem necessary. However, as soon as you have provided the 6 required pieces, the creditor has 3 business days to provide a Loan Estimate for approved loans.
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