Finance (alternative)
Which federal law requires lenders to provide a Loan Estimate to mortgage applicants within three business days?
ARESPA
BECOA
CTILA (through TRID)✓ Correct
DHMDA
Explanation
The TILA-RESPA Integrated Disclosure (TRID) rule under TILA requires lenders to provide a Loan Estimate within three business days of receiving a completed loan application.
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