When a borrower (the buyer) applies for a loan, the lender will provide him/her with which of the following forms that includes details pertaining to specific loan information and an estimate of expenses that the borrower is likely to incur at the closing?
A) Kickback agreeement
B) Loan estimate
C) "Your Home Loan Toolkit" booklet
D) Certificate of occupancy
Correct Answer:
Verified
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