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Timeline for Closing Loan: RE Application

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Question: 
Once you receive the RE application, what is the timeline to when you can close the loan?
Answer: 

1026.19(e)(1)(iii)(B) Except as set forth in paragraph (e)(1)(iii)(C) of this section, the creditor shall deliver or place in the mail the disclosures required under paragraph (e)(1)(i) of this section not later than the seventh business day before consummation of the transaction.

It depends on the delivery of the Loan Estimate.

First published on 01/03/2016

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