On Saturday, October 3, 2015, the Consumer Financial Protection Bureau (CFPB) is implementing new regulations that will require new forms and timing requirements on most residential transactions that include closed-end mortgage loans. These new regulations are commonly referred to as "TRID".
TRID will have a substantial impact on Realtors® and lenders. Accordingly, Sun Title will provide the following services to assist in the transition:
|•||Coordination and delivery of all essential numbers for lenders to create an accurate Loan Estimate and Closing Disclosure including estimates for:|
|•||Title insurance premiums|
Other applicable fees
Creation of a pro-forma Closing Disclosure on each transaction for review by lenders.
Creation of a combined or bifurcated closing statement to be signed by the borrower and seller binding them to the closing numbers. Such closing statements will be provided to lenders and agents in advance of the closing.
Evening and weekend closing options.
TRID training for real estate, lending and compliance teams.
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"We utilize Sun Title because we never have a concern that things will be done right. We know that they are as committed as we are to our clients' satisfaction. And we know that Sun Title will go the extra mile to make sure that all of the details are "buttoned up" before we get to the closing table. Most importantly, they deliver a high level of personal service which means that our clients' closing experience meets (or exceeds) their expectations. We know our clients are in good hands with Sun Title! – Ron and Jeannine, Patriot Realty
"In my 16 plus years of mortgage lending, Sun Title is the best run organization from top to bottom period; the leadership of Tom Cronkright and Lawrence Duthler who are the operator - owners that have their fingers on the pulse of the company and know how to roll up their sleeves and help resolve and work through complicated matters. In addition the quality talent and work ethic that is exhibited by their experienced staff shines through in their ability to represent all parties involved in the real estate process from start to finish and beyond. My highest compliment to offer is that my entire team enjoy the support and team approach that Sun takes with their clients and thus everyone namely our end clients reap the benefit of a successful and smooth process that culminates through Sun Title." - Darin, Clark Financial
"Sun Title Agency has been an imperative partner to the success of Clark Financial Group's mortgage practice. Their responsive and proactive business model has been a positive reflection on our reputation and has allowed us to accommodate quick and no hassle closings. Our clients benefit from mobile closings led by experienced and knowledgeable title professionals. Overall, Sun Title creates a seamless and stress-free transaction for all parties involved." – Monica, Clark Financial
"Sun Title is an amazing company. I been using Sun Title for nine years now and I rest assured that my transactions are being handled with confidence and care. Sun Title cares so much about the agents they work with and our mutual clients. Sun Title also has the best staff, I guarantee it!!! Sun Title and Staff, thank you so much for all your hard work." - Nick, Brooks Real Estate Group
"Sun Title and their staff has always accommodated our office in almost any way shape form or fashion when it comes to closing our REO Bank Owned and traditional real estate transactions. One thing in particular that it is of great benefit and service is the mobile closing at our real estate office sometimes within 48-72 hours of consummating a real estate transaction.
Today, it is paramount to co-brand your business with others who are liked minded and have the motto "under promise and over deliver!"
As our brokerage has grown regionally, Sun Title has always provided "raving fan type of results" and continues to do so today with exceptional services that compliment and enhance our brokerage offices in both Grand Rapids, Novi, and throughout the State of Michigan." – David, RealEstateAuction.com
"In my 16 plus years of mortgage lending, Sun Title is the best run organization from top to bottom period; the leadership of Tom Cronkright and Lawrence Duthler who are the operator - owners that have their fingers on the pulse of the company and know how to roll up their sleeves and help resolve and work through complicated matters. In addition the quality talent and work ethic that is exhibited by their experienced staff shines through in their ability to represent all parties involved in the real estate process from start to finish and beyond. My highest compliment to offer is that my entire team enjoy the support and team approach that Sun takes with their clients and thus everyone namely our end clients reap the benefit of a successful and smooth process that culminates through Sun Title." - Darin, Clark Financial Group
"I do a high volume of business and have worked with several title companies over the years. Sun Title is definitely the best! My clients are very important to me since my business runs strictly on referral. I surround myself with business partners who reflect the professionalism and work ethic I strive to provide to my clients. An example of that would be when another title company couldn't provide a seller with a check at closing that they needed for a closing with Sun. Tom Cronkright went the extra mile with his business connections and made it happen! Which made me look like a hero to my clients. Thanks Tom and Sun Title!"-Lisa, Keller Williams North
"Sun Title has been an incredible help to my business. The main difference that separates Sun Title from the rest of the pack is that they are agent and customer focused. They are constantly striving to innovate and find new ways to help their agent partners while also making the service and product better to the end client. Services such as their mobile closings, virtual offices, and the ability to pull closings together at the last moment have single-handedly saved transactions and made me thousands. On top of that, I am constantly amazed at how well they accept input and suggestions. Their level of service is unmatched. I remember specifically that I had one short sale transaction that was closing and my seller had some legal questions that I could not answer. She simply did not have the money to consult with a private attorney to get a couple of questions answered. I made one call to Sun Title and Tom Cronkright (an attorney and the owner of Sun Title) showed up to our closing and answered all of my seller's questions at no extra charge. It was a simple favor, but it made me look like a rock star." - Matt, Midwest Properties