The Closing Disclosure published by the Consumer Financial Protection Bureau (CFPB) summarizes the final mortgage terms and details for the buyer. It needs to be delivered to the buyer:
a. one week prior to the closing of the transaction.
b. three business days after the buyer submits a loan application.
c. at least three business days before the buyer closes on the mortgage.
d. on the day of settlement.
Ans: c. at least three business days before the buyer closes on the mortgage.
Business
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