Escrow & Title
A 'closing disclosure' (CD) in a Florida mortgage transaction must be provided to the borrower at least how many business days before closing?
A1 business day
B2 business days
C3 business days✓ Correct
D5 business days
Explanation
Under the TILA-RESPA Integrated Disclosure (TRID) rule, borrowers must receive the Closing Disclosure at least 3 business days before consummation of the mortgage loan, giving them time to review and verify the final terms.
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