Escrow & Title
In New Jersey, the Closing Disclosure (CD) must be provided to the borrower at least how many business days before closing?
A1 business day
B3 business days✓ Correct
C5 business days
D7 business days
Explanation
Under TRID (TILA-RESPA Integrated Disclosure) rules, the Closing Disclosure must be received by the borrower at least 3 business days before consummation of the loan.
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