Talk of The Villages Florida - View Single Post - Mortgage Rates
Thread: Mortgage Rates
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Old 08-13-2012, 10:03 PM
TomW TomW is offline
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Quote:
Originally Posted by DDoug View Post
Receptionist by law can not quote rates thanks to the government. You have to talk to a licensed broker.
Not to disagree but the Truth in Lending law requires ready disclosure of the APR as opposed to the 'rate.' One can use only the APR in mortgage calcuations. I've not encountered a problem requesting the APRl from them.
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