A Closing Disclosure is MAILED on Monday, March 3rd. Using the mailbox rule, when is the borrower presumed to have received it, and what is the earliest closing date?

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Received March 6th, close March 11th Step 1 — Mailbox rule: Mailed Monday March 3 + 3 business days (Tue, Wed, Thu) = presumed received Thursday March 6th. Step 2 — CD 3-day waiting period (business days = Mon-Sat): received Thu March 6 (day 0), Fri(1), Sat(2), Mon(3) = earliest close Tuesday March 11th. Remember: for the CD waiting period, Saturday counts as a business day.

A Closing Disclosure is MAILED on Monday, March 3rd. Using the mailbox rule, when is the borrower presumed to have received it, and what is the earliest closing date?

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