A point is defined as: 1) 1% penalty 2) interest 3) 1% of the loan amount 4) 1% of the interest The first form a purchaser will encounter within the TRID process is the: 1) Closing Disclosure 2) Good Faith Estimate 3) HUD-1 4) Loan Estimate A jumbo loan: 1) is illegal 2) is predatory 3) exceeds secondary market limits 4) exceeds primary market limits