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Truth-In-Lending Disclosure and APR. New Video: [Updated 7/13]

By
Mortgage and Lending with American Pacific Mortgage Corporate NMLS 1850

This short video explains the confusing "Truth-in-Lending" disclosure and how the APR is computed. I discuss the flaws in only looking at APR to determine what is really the lowest cost option.

Posted by

David Kosmecki

Area Sales Manager NMLS 265365 | 76988

Direct: (763) 519-1100 | Toll Free: (800) 536-0233

   

Check me out at: Fast Closing Now.

 

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