After a Change of Circumstance, what is the deadline to mail a revised LE?

• A. 3 general days
• B. 1 day
• C. 10 days
• D. 30 days

Answer: (A)

When a Change of Circumstance occurs, you must re-disclose with a revised Loan Estimate within three business days of learning the new information. This timing keeps the borrower’s costs and terms accurate and up to date, reflecting changes such as new fees, altered loan terms, or other information that makes the original LE misleading.

The countdown starts once the lender becomes aware of the change or has information that triggers the need for a revised LE. Delivering within three days ensures timely, transparent communication and compliance with TRID/Reg Z disclosure rules. Choosing a shorter window like one day isn’t feasible for processing, while longer windows like ten or thirty days would unnecessarily delay disclosures and could confuse or mislead the borrower.