Finance
A South Dakota lender gives a 'good faith estimate' (now called the Loan Estimate under TRID). This document must be provided to the borrower within:
A24 hours of application
B3 business days of receiving a complete loan application✓ Correct
C7 calendar days before closing
DAt the time of final loan approval
Explanation
Under the TILA-RESPA Integrated Disclosure (TRID) rules, lenders must provide the Loan Estimate within 3 business days of receiving a complete loan application.
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