The TRID date tracker in Jupiter helps you stay compliant with regulations by automatically detecting when you’ve collected all six pieces of information that comprise a complete application as defined by TILA-RESPA Integrated Disclosure (TRID) and estimating the date when a Loan Estimate is due back to the borrower based on this information.
The six pieces of TRID data include:
Borrower Name -The primary borrower’s first and last name
Monthly Income - Information about the applicant's income, even if it’s not comprehensive.
SSN - The primary applicant’s Social Security Number
Subject property address - The street address of the subject property securing the loan.
Property Value or Appraised Value - An estimate of the subject property's worth.
Base loan amount - The amount of money the borrower is seeking to borrow
How to use the TRID date tracker?
1. Each time you save changes to an application, Jupiter will automatically detect whether you’ve filled out all six pieces of required TRID information.
2. Once Jupiter detects that all six pieces of information have been collected, it will prompt you to confirm the TRID Application Received Date, as seen in the screenshot below.
Screenshot: Displays the Record application received date? popup, with options to continue or cancel.
3. Click “Continue” to track the application received date, or click “Cancel” to continue editing the loan without setting an Application Received date.
4. Your Estimated LE due date will be presented in the Estimated LE due date tile on the utility bar at the top of the screen. Click on the LE due date to review the "Application received date." Here, you have the option to edit the "Application received date," which will require you to enter a reason that will be recorded in the loan's activity log. You also have the option to update the "Loan estimate sent date."
Screenshot: Displays the Estimated LE due date popup, where the Application received date and Loan estimate sent date are edited.
5. The “Estimated LE due date” is automatically calculated by adding 3 business days (excluding Sundays and national holidays) to the “Application received date”.
Screenshot: Displays the Estimated LE due date tile on the utility bar.
6. The “Loan estimate sent date” can be set manually once the LE has been sent to the borrower.
Screenshot: Displays the Loan estimate sent date field within the Estimated LE due date popup.
Should you require further help please click the chat bubble on your screen or send us an email support@jupiterlos.com.