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Before the file moves forward, Quinn must resolve an issue involving TRID Loan Estimate timing timing. What should happen?

Correct Answer

C) Provide the Loan Estimate within three business days

TRID Loan Estimate duties begin when the application trigger is met. The best answer is "Provide the Loan Estimate within three business days".

Answer Options
A
Use an internal exception instead of the required federal disclosure or timing rule.
B
Wait until a regulator asks for the file before applying the federal requirement.
C
Provide the Loan Estimate within three business days
D
Rely on oral agreement when the rule requires documented compliance.

Why This Is the Correct Answer

TRID Loan Estimate duties begin when the application trigger is met. The best answer is "Provide the Loan Estimate within three business days".

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