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A mortgage team asks a quality-control reviewer about TRID Loan Estimate timing during a record-retention audit. Which answer should guide the file?

Correct Answer

D) Count timing from the application trigger

TRID Loan Estimate duties begin when the application trigger is met. The best answer is "Count timing from the application trigger".

Answer Options
A
Use an internal exception instead of the required federal disclosure or timing rule.
B
Delay the TILA TRID Loan Estimate step until a later anti-steering review instead of acting now.
C
Rely on oral agreement when the rule requires documented compliance.
D
Count timing from the application trigger

Why This Is the Correct Answer

TRID Loan Estimate duties begin when the application trigger is met. The best answer is "Count timing from the application trigger".

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