RESPA-TILA Integrated Disclosure

The RESPA-TILA Integrated Disclosure combines key loan disclosures into a single, clear set of documents for homebuyers. It streamlines the mortgage process by providing transparency about loan costs, terms, and monthly payments in one easy-to-understand package. This helps consumers compare offers, understand their financial obligations, and make informed decisions. The goal is to enhance clarity, reduce surprises at closing, and ensure borrowers are well-informed about the mortgage they are taking out.