Detailed Answer
The correct answer is (B). As required by
Regulation Z, the MLDS must be delivered
in less than 3 business days if the borrower
is expected to complete the loan sooner
than 3 days. Choice (D) refers to timing for
delivering the statement of closing costs to a
buyer who is financing with an FHA-insured
loan. Choices (A) and (C) are distracters.
