A pro forma invoice is the same as a commercial invoice which, when used in international trade, represents the details of an international sale to customs authorities.
TRID requires process changes to the loan origination life-cycle, particularly in the way that lenders approach the closing of loans. Under the new rule, the closing process needs to be at least three days ahead to meet the Closing Disclosure timing requirement.
Obtain your new house keys in four to six weeks. The time it takes to close a mortgage loan varies with the type of mortgage, buyer/homeowner situations, and lender processing efficiency. A good rule of thumb, however, is to assume that a typical mortgage loan will take around four to six weeks to close from application date. The most common key ingredient in this recipe is for you to have a completed application as soon as possible.