Truth-in-Lending Act (TILA)
What is Truth-in-Lending Act (TILA)?
A federal law that requires lenders to fully disclose – in writing – the terms and conditions of a mortgage, including the annual percentage rate (APR) and other closing charges.
A federal law that requires lenders to fully disclose – in writing – the terms and conditions of a mortgage, including the annual percentage rate (APR) and other closing charges.
Foreclosure.com Advantage:
At Foreclosure.com, we are driven by a mission — to streamline the journey of finding and purchasing distressed properties for our users across the nation. We understand both the challenges and opportunities presented by the real estate market. So learning is an essential part of investing and we equip you with tools and knowledge through how-to videos, insights from local area experts, and state-specific legal information. These resources are designed to empower you with the knowledge to make informed decisions, whether you're a first-time buyer or seasoned investor.
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