Final answer:
A loan officer has 3 business days to send initial disclosures following a mortgage loan application.
Step-by-step explanation:
The correct answer is A. 3 business days. A loan officer has 3 business days to send initial disclosures following a mortgage loan application.
This means that after a borrower submits their application for a mortgage loan, the loan officer has 3 business days to provide the borrower with the necessary information and disclosures related to the loan.