Hoạt động cấp khoản vayCâu 195 / 400
After the Closing Disclosure is issued, which change requires a new three-business-day waiting period before consummation?
a.A $50 decrease in the recording fee
b.A change from a fixed-rate to an adjustable-rate loan
c.A typo in the loan officer's phone number
d.A $30 increase in a third-party fee
Giải thích
Only three changes after the CD trigger a new three-business-day waiting period: the APR becomes inaccurate (increases beyond tolerance), the loan product changes, or a prepayment penalty is added. Switching from a fixed to an adjustable rate is a loan-product change, so a new waiting period is required.
Trích dẫn luật: TRIDLuyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A borrower chooses a title company that is NOT on the creditor's written list of providers. Into which tolerance category does that title service fee fall?
- A borrower selects a pest-inspection provider FROM the creditor's written list of service providers. That charge is subject to which tolerance?
- Transfer taxes disclosed on the Loan Estimate are subject to which tolerance?
- Which post-CD change does NOT trigger a new three-business-day waiting period?
- A new three-business-day waiting period after the Closing Disclosure is required in all of the following EXCEPT:
- If the Closing Disclosure is placed in the mail, when is the consumer presumed to have received it (absent evidence of earlier receipt)?
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