TRID countdown calendar
Consummation is the day the borrower becomes legally obligated under the loan, which would be the date of signing, even if the loan has a rescission period. It is important to note the definition of consummation can be different than the closing date as defined in the purchase agreement where the buyer becomes contractually obligated to a seller on a real estate transaction.
The tool below will assist you in determining the earliest consummation date.
What is title insurance?
Your closing costs might include two types of title insurance policies, but do you know how these policies differ?
Learn more by checking out the information provided by our underwriter First American Title Insurance Co.
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