Finance
Under TRID, the Closing Disclosure must be received by the borrower at least how many business days before closing?
A1 day
B2 days
C3 business days✓ Correct
D5 days
Explanation
TRID requires that the Closing Disclosure be provided to the borrower at least three business days before the consummation (closing) of the loan transaction, giving the borrower time to review and compare it to the Loan Estimate.
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