According to ECOA, a borrower can request a copy of the appraisal report within how many days of a credit decision?

The correct time frame for a borrower to request a copy of the appraisal report under the Equal Credit Opportunity Act (ECOA) is 90 days following a credit decision. This regulation is in place to promote transparency and ensure that borrowers have access to all pertinent information regarding their loan application, including the appraisal report that can influence loan decisions.

Understanding this provision under ECOA is important not only for ensuring compliance with federal regulations but also for fostering good borrower relations. By allowing borrowers a full 90 days to request their appraisal, the law provides ample time for them to review the details that might affect their understanding of the loan terms and the property's value. This can be crucial for allowing borrowers to make informed decisions, especially if they want to contest any findings in the appraisal or seek alternatives based on that information.

The other options reflect shorter time frames that do not comply with the ECOA mandated period, which emphasizes the importance of allowing adequate time for borrowers to exercise their rights in the lending process.