North American Title Company
The keystone to a smooth transaction for our real estate customers

The goal and aim of the new Loan Estimate and Closing Disclosure is to bring more transparency to the real estate process for the benefit and safety of the consumer. North American Title is committed to making sure that your clients are well cared for and educated throughout the home buying and selling process. To that end, we encourage you to download our Quick Guide for Real Estate Agents or our Reference Brochure for Real Estate Agents to assist you in preparing for the approaching changeover to the new forms.

Quick Guide | Real Estate Agents Reference Brochure

In addition, as the facilitator of the real estate transaction, North American Title agents, escrow officers and closers are dedicated to being a valued and knowledgeable resource for you, from the moment a title order is open until the transaction is closed. Our training and expertise with the new forms will help smooth the transaction process, as we work through the intricacies of the new forms with you and your clients.

As your home buyers and sellers enter into the real estate transaction, they will have many questions and concerns. In recent months, we have created a series of helpful videos as well as Understanding the New Loan Estimate and Closing Disclosure, a 12-page brochure that explains the new forms in detail.

At North American Title, we feel that education is critical in the coming months. This is true for every professional who touches the real estate transaction. As real estate agents, in addition to learning the intricacies of the new forms, it is important for you to understand about the new Qualified Mortgage rules. This knowledge will help you understand the challenges a buyer will now face in qualifying for a mortgage loan, making you a more valuable resource for your clients.

North North American Title Videos

Check out our new educational videos, covering the new CFPB forms, as well as general real estate education for your home buyers and sellers.

Consumer Financial Protection Bureau
Consumer Resources

The CFPB has provided extensive resources for the consumer on its website, www.consumerfinance.gov. Here are links to some materials that may be helpful, as consumers contemplate buying a home:

To see additional resources from the CFPB, visit our CFPB Resources page.

We hope you will take advantage of these resources, knowing that the agents at North American Title are here to assist you and your clients at every step of the process.

TILA-RESPA Integrated Disclosure rule

Compliance guide: A plain-language guide to the new rules in a FAQ format which makes the content more accessible for industry constituents, especially smaller businesses with limited legal and compliance staff.

Guide to forms: Provides detailed, illustrated instructions on completing the Loan Estimate and Closing Disclosure.

Disclosure timeline: Illustrates the process and timing of disclosures for a sample real estate purchase transaction.

Integrated loan disclosure forms and samples: This links to several, downloadable Loan Estimate and Closing Disclosure forms in both English and Spanish and samples for different loan types.

North American Title Company The keystone to a smooth transaction for our real estate customers

CFPB

North American Title Company
The keystone to a smooth transaction for our real estate customers