Finance
Which federal law requires lenders to provide borrowers with a Loan Estimate within three business days of receiving a complete mortgage application?
ARESPA
BTILA-RESPA Integrated Disclosure (TRID)✓ Correct
CEqual Credit Opportunity Act
DHome Mortgage Disclosure Act
Explanation
The TILA-RESPA Integrated Disclosure (TRID) rule requires lenders to provide a Loan Estimate to borrowers within three business days of receiving a complete mortgage application.
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