Escrow & Title

In Wyoming, a Closing Disclosure (CD) must be provided to the borrower at least how many business days before closing?

A1 business day
B3 business days✓ Correct
C5 business days
D10 business days

Explanation

Under TRID, the Closing Disclosure must be provided to the borrower at least 3 business days before consummation (closing). This gives the borrower time to review the final loan terms and closing costs and compare them to the Loan Estimate.

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