Hoạt động cấp khoản vayCâu 196 / 400
Which post-CD change does NOT trigger a new three-business-day waiting period?
a.Adding a prepayment penalty
b.The APR increases above the applicable tolerance
c.A minor decrease in the seller's closing costs
d.The loan product changes from fixed to adjustable
Giải thích
A minor decrease in the seller's closing costs does not affect the three triggers for a new waiting period. Only an inaccurate APR, a changed loan product, or the addition of a prepayment penalty requires the consumer to receive a corrected CD and wait three more business days.
Trích dẫn luật: TRIDLuyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- 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?
- After the Closing Disclosure is issued, which change requires a new three-business-day waiting period before consummation?
- 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)?
- Which of the following is disclosed on the Loan Estimate?
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với NMLS SAFE Mortgage Loan Originator National Test · Quy trình kiểm tra