TRID loan processing: completeness check before Processing, the handoff between teams, and the TRID Loan Estimate and changed-circumstance clocks
Customer production
- Area
- Origination disclosures, conditions and documents
- Stage
- Handoff and back office
- Moves
- classify, chase and verify, write back
- Customers
- Community Bank of Mississippi
Controls enforced
- Required fields and document types before Processing
- TRID clocks start on record
Evidence produced
- Result written to the loan system
- failure notice listing what is missing
Claims
Community Bank of Mississippi runs TRID loans on Callvu: the completeness check before Processing, the handoff between teams, and the TRID Loan Estimate and changed-circumstance clocks.