Finance
Which federal law requires lenders to give borrowers a Loan Estimate within 3 business days of a loan application?
ARESPA
BTILA-RESPA Integrated Disclosure Rule (TRID)✓ Correct
CECOA
DHMDA
Explanation
The TILA-RESPA Integrated Disclosure (TRID) rule requires lenders to provide a Loan Estimate within 3 business days of receiving a completed loan application.
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