6 Required Pieces of Information to Apply for a Mortgage

What 6 Pieces of Information Make A TRID Loan Application?

Submitting these 6 pieces of information -

1)  Name

2)  Income

3)  Social Security Number

4)  Property Address

5)  Estimated Value of Property 

6)  Mortgage Loan Amount sought

- constitutes a valid loan application under the TRID rule.

You may apply and submit these in writing OR in oral form; a live conversation, or a phone call, backed by a written record of the conversation is a legitimate application.

Once these 6 pieces of information are submitted a creditor MUST supply a Loan Estimate for approved loans within 3 business days.