Challenges of Loan Origination – White Paper
Estimating Accurate Property Tax Amounts
Getting an accurate property tax estimation is a critical, yet challenging part of the Loan Estimate. Current RESPA-TILA regulations call for lenders to use reliable sources and methods to determine accurate tax amounts. In certain locales, this creates an extremely challenging problem that can cost you valuable time and expose you to losses from inaccurate Loan Estimates.
To help you better understand the challenges of accurate property tax estimation and the different ways to mitigate these issues, download our complimentary white paper.