Finance
Rhode Island lenders must provide borrowers with a Loan Estimate within how many business days of receiving a completed loan application under TRID rules?
A1 business day
B3 business days✓ Correct
C5 business days
D7 business days
Explanation
Under TRID (TILA-RESPA Integrated Disclosure) rules, lenders must provide a Loan Estimate within 3 business days of receiving a completed mortgage application.
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