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HousingWire Daily

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TRID Requires a Seven-Day Waiting Period

The waiting period of the loan estimate in the closing disclosure do not need to stack back to back. If the loan estimate is issued early enough, we were able to close the loan as soon as three days from issuing the commitment letter. You know, there are still questions about title, attorney review appraisal,. Like, do you know anybody in this space who's like, yeah, man, I got the appraisal like the next day?"

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