Escrow & Title
TRID (TILA-RESPA Integrated Disclosure) rules require lenders to provide the buyer with a Loan Estimate within:
A1 business day of receiving the loan application
B3 business days of receiving the loan application✓ Correct
C7 business days of receiving the loan application
DAt closing
Explanation
Under TRID, lenders must provide the Loan Estimate to the borrower within 3 business days of receiving a completed loan application. This allows borrowers to compare loan terms and costs.
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