Finance
A buyer who receives their Closing Disclosure at 5:00 PM on a Monday may close no earlier than:
ATuesday morning
BThursday at 5:00 PM (3 business days later)✓ Correct
CWednesday at 5:00 PM
DThe following Monday
Explanation
The 3-business-day waiting period after delivery of the Closing Disclosure begins the day after delivery. Business days include all days except Sundays and federal public holidays. If delivered Monday evening, the 3 business days are Tuesday, Wednesday, Thursday—so closing can occur Thursday.
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