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Before the file moves forward, Jamie must resolve an issue involving loan-application timing and documentation. What should happen?

Correct Answer

C) Recognize when the TRID application trigger has occurred

Loan application processing depends on required application data, documentation, and disclosure timing. The best answer is "Recognize when the TRID application trigger has occurred".

Answer Options
A
Apply a different loan-program rule without checking the file facts.
B
Ignore product, occupancy, LTV, or eligibility limits because the borrower prefers the loan.
C
Recognize when the TRID application trigger has occurred
D
Use the same treatment for all mortgage products without comparing program requirements.

Why This Is the Correct Answer

Loan application processing depends on required application data, documentation, and disclosure timing. The best answer is "Recognize when the TRID application trigger has occurred".

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