Finance
In Texas, lenders are prohibited from charging more in fees than what was disclosed on the Loan Estimate, with certain exceptions. This protection comes from:
ATREC regulations
BTRID's tolerance rules (zero, 10%, and unlimited tolerance categories for different fees)✓ Correct
CThe Texas Finance Code usury provisions
DThe Texas DTPA
Explanation
TRID establishes tolerance levels for fees disclosed on the Loan Estimate. Some fees (lender fees, unaffiliated title fees if the borrower uses the lender's provider) must be exact or within a 10% aggregate tolerance. Others may change without limit (third-party services if the borrower shops). Exceeding tolerances requires lender 'cure' of the overcharge.
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