What is "Truth in Lending" (TIL)?
It's required that mortgage lenders provide you with a Truth in Lending (TIL) Statement containing information on your loan’s annual percentage rate, finance charges, the amount financed, and the total payments required.
The TIL Statement may also contain information on security interest, late fees, prepayment provisions, and if the mortgage is assumable. If you have an adjustable rate loan, the statement may outline the limits on the adjustments, annual and lifetime caps, and give an example of what your next year’s payment may be depending on interest rates. For adjustable rate loans the total payments figure is estimated as a worst-case scenario. The figure reflects the payments you would make if your loan adjusted upward to the maximum rate allowed by annual and lifetime caps, and then stayed at that rate for the loan duration.
TCPA CONSENT AGREEMENT
By providing your phone number, you consent and agree to being contacted by us regarding your loan inquiry and mortgage products and services at the telephone number provided. You agree that we, or one of our authorized third parties, may contact you, including through automated means, via telephone or mobile device, even if your telephone number is listed on a Do-Not-Call registry.
This consent is not required to obtain our goods and services. If you prefer to be contacted by other means, please contact our customer support for assistance.
SMS CONSENT AGREEMENT
1. Opt-In Instructions: By providing your mobile phone number you are opting into SMS texts and you explicitly consent to receive promotional messages, updates, alerts, and other relevant information from us or one of our authorized third parties. You may also opt in by checking a box during the registration process or by sending a specific keyword to a designated phone number.
2. Frequency: Our SMS texts may be sent to you on a daily, weekly, monthly, or as-needed basis, depending on the nature of the information or updates we need to convey.
3. Message Charges: Standard messaging and data rates may apply depending on your mobile service provider. You are responsible for any fees or charges incurred from receiving SMS texts.
4. Opt-out Instructions: If you wish to stop receiving SMS texts from us, you can unsubscribe or opt-out at any time. To do so, simply send a specific keyword (e.g., "STOP," "OPT-OUT") to the designated phone number provided in our SMS texts. You may also follow the instructions provided in the SMS or contact our customer support for assistance.
This consent is not required to obtain our goods and services. If you prefer to be contacted by other means, please contact our customer support for assistance.