Skip to content

Is email receipt for the LE sufficient?

Answered by: 

We mailed the borrower’s Loan Estimate and they emailed us that it was received, and they want to proceed with the loan. Can we act on this emailed notice?

The emailed verification of receipt and notification of intent to proceed would be sufficient.


Learn more about Andy Zavoina’s Annual LENDING Compliance Recap webinar.

First published on 01/03/2021

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics