The Loan Estimate must include all of the following information EXCEPT:
Correct Answer
C) Property tax assessment history
Under TRID regulations (12 CFR 1026.37), the Loan Estimate must include APR, monthly payment, and cash to close among other required disclosures. Property tax assessment history is not a required disclosure on the Loan Estimate.
Why This Is the Correct Answer
Under TRID regulations (12 CFR 1026.37), the Loan Estimate must include APR, monthly payment, and cash to close among other required disclosures. Property tax assessment history is not a required disclosure on the Loan Estimate.
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