Escrow & Title
At a Mississippi closing, the buyer receives a Closing Disclosure. The lender is required to provide the final CD to the buyer at least:
A24 hours before consummation
B3 business days before consummation✓ Correct
C7 business days before consummation
D1 business day before consummation
Explanation
Under TRID (TILA-RESPA Integrated Disclosure), lenders must provide the final Closing Disclosure to the buyer at least 3 business days before loan consummation (closing). This gives buyers time to review the final terms.
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