- Business Rules
If we are doing a one-time close construction loan, would the interest only payments during construction be included in the AP table?Not necessarily. The Adjustable Payment Table is disclosed when the periodic principal and interest payment may change after consummation. If the loan does not contain these features, the AP Table is not disclosed.
CFPB announcement regarding the delay of TRID
The full statement from CFPB Director Richard Cordray can be viewed here