medium · National Real Estate Exam financing
Under the Truth in Lending Act (Regulation Z), certain 'trigger terms' in an advertisement require full disclosure of credit terms.
Under the Truth in Lending Act (Regulation Z), which of the following is considered a 'trigger term' in an advertisement that requires full disclosure of credit terms?
- 'Excellent financing available'
- 'VA and FHA loans accepted'
- '$1,200 monthly payments'
- 'Low down payment'
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