Which of the following must be provided within three days of a mortgage loan application?

The Loan Estimate is a crucial document that must be provided to borrowers within three business days of a mortgage loan application. This requirement is mandated by the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA) in order to ensure transparency and enhance the consumer’s understanding of the costs associated with the loan.

The Loan Estimate includes important information such as the loan's interest rate, monthly payments, and estimated closing costs. By providing this information early in the lending process, borrowers can make informed decisions and compare different loan offers, which is essential in making a sound financial choice.

In contrast, the Closing Disclosure is provided closer to the loan closing, typically three business days before the closing date, making it distinct from the Loan Estimate. The Good Faith Estimate, while important in the past, has largely been replaced by the Loan Estimate for most loans following regulatory changes. The Initial Loan Application Form is part of the application process but does not have the same explicit timeline for disclosure as the Loan Estimate. Thus, the Loan Estimate is the correct choice for this requirement.