Finance
A Utah lender issues a 'Good Faith Estimate' (now replaced by the Loan Estimate under TRID) to provide:
AA guarantee of the final closing costs
BAn estimate of the loan costs and terms within 3 business days of application✓ Correct
CThe final approved loan amount
DThe appraiser's opinion of value
Explanation
Under TRID, the Loan Estimate (which replaced the GFE) provides an estimate of loan terms, monthly payment, and closing costs within 3 business days of application, allowing borrowers to compare offers.
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