Finance
A NH lender is required to provide a Loan Estimate to a mortgage applicant within:
A24 hours of application
B3 business days of receiving the loan application✓ Correct
C7 business days of application
DAt the time of closing
Explanation
Under TRID (TILA-RESPA Integrated Disclosure) rules, lenders must provide a Loan Estimate within 3 business days of receiving a completed loan application. The Loan Estimate provides good-faith estimates of loan terms, projected payments, and closing costs.
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