Hoạt động cấp khoản vayCâu 182 / 400
The consumer must receive the Closing Disclosure at least how long before consummation?
a.3 business days
b.3 calendar days
c.7 business days
d.1 business day
Giải thích
The Closing Disclosure must be received by the consumer at least three business days before consummation. This waiting period gives the borrower time to review the final terms and costs.
Trích dẫn luật: TRIDLuyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Which of the following is NOT one of the six pieces of information that constitute an application under TRID?
- The creditor must deliver or place in the mail the Loan Estimate no later than how many business days after receiving the application?
- In addition to being provided within three business days of application, the Loan Estimate must be received by the consumer no later than how many business days before consummation?
- For the Closing Disclosure's three-business-day waiting period, 'business day' is defined as:
- For counting the three days to deliver the Loan Estimate, 'business day' means:
- Before the consumer has received the Loan Estimate and communicated intent to proceed, the creditor may collect which fee?
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