Finance
Which federal law requires lenders to provide a Loan Estimate within 3 business days of a mortgage application?
ARESPA
BTILA
CECOA
DTRID / Know Before You Owe rule✓ Correct
Explanation
TRID (the TILA-RESPA Integrated Disclosure rule, also called Know Before You Owe) requires lenders to provide a Loan Estimate within 3 business days of receiving a loan application.
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