Finance
Under the federal TRID rule, the Closing Disclosure must be provided to the borrower at least how many business days before closing?
A1 day
B3 business days✓ Correct
C5 business days
D7 business days
Explanation
TRID (TILA-RESPA Integrated Disclosure) requires lenders to provide the Closing Disclosure at least 3 business days before consummation of the loan.
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