What is a final Truth-in-Lending disclosure?
A Truth-in-Lending Disclosure Statement provides information about the costs of your credit. Your Truth-in-Lending form will include information about:
- Your annual percentage rate (APR)
- Your finance charge
- The amount financed (the amount of credit provided on your behalf)
- The total of payments (the amount you will have paid after you have made all of your scheduled mortgage payments)