Finance
The Truth-in-Lending Act (TILA) requires lenders to disclose the:
AAppraised value of the property
BAnnual Percentage Rate (APR) and total finance charges✓ Correct
CBuyer's credit score
DSeller's outstanding mortgage balance
Explanation
TILA (Regulation Z) requires lenders to disclose the APR and total finance charges so borrowers can compare the true cost of credit across loan offers.
Related North Carolina Finance Questions
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