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Counting Days- Appraisal Delivery Waiting Period

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Question: 
My question has to do with counting the days for the waiting period for appraisal delivery. Can you close the loan on the 3rd business day? For example, if the appraisal is delivered in person on Monday, can the loan close on Wednesday or do you need to wait until Thursday?
Answer: 

Monday would be day 0, Tuesday day 1, Wednesday day 2 and so on.

First published on BankersOnline.com 11/26/12

First published on 11/26/2012

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