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Exam term

Appraisal copy

Under ECOA, an applicant for a first-lien dwelling loan must receive copies of written appraisals promptly upon completion and no later than three days before closing, free of additional charge.

Lessons that use this term

  • The lender's criteria: the property and the borrower's ability to repay New York

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  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

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