Finance
The Truth in Lending Act (TILA) requires lenders to disclose the:
AProperty tax rate
BAnnual Percentage Rate (APR)✓ Correct
CHomeowner's insurance premium
DClosing attorney fees
Explanation
TILA requires lenders to disclose the Annual Percentage Rate (APR), which reflects the true cost of borrowing including interest and certain fees, so borrowers can compare loan offers.
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