You are correct. If you determine that you are not going to close a loan or open a credit line, you still have to give the applicant a copy of the appraisal and other written valuations “promptly upon completion.” If the applicant has waived that deadline, you must provide copies of the appraisal and other written valuations to the applicant 30 days after you determine the transaction will not close.
You do not have to give the appraisal the same day it is reviewed.
The CFPB’s Small Entity Compliance Guide gives examples of what is “prompt upon completion” starting on page 17:
https://files.consumerfinance.gov/f/201307_cfpb_updated-sticker_ecoa-implementation-guide.pdf