Escrow & Title
An Iowa RESPA disclosure (Closing Disclosure) must be provided to the borrower by the lender at least how many business days before closing?
A1 business day
B3 business days✓ Correct
C5 business days
D10 business days
Explanation
Under TRID rules, the Closing Disclosure must be provided to the borrower at least 3 business days before the loan closing, giving borrowers time to review final loan terms and costs.
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