Finance
A Kentucky homeowner refinances their mortgage. Under TRID, the lender must provide a Closing Disclosure at least:
A1 business day before closing
B3 business days before closing✓ Correct
C5 business days before closing
D10 business days before closing
Explanation
Under TRID (TILA-RESPA Integrated Disclosure rules), the lender must provide the Closing Disclosure at least 3 business days before consummation (closing). This gives borrowers time to review final loan terms and closing costs.
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