The “Truth In Lending Form” Defined

Find out updated information here. When scrolling through the heap of documents that we call a buyer's loan application and disclosure package, the Truth In Lending form (affectionately called the "TIL") tends to stop many buyers in their tracks.  Why?  Well, the TIL contains no shortage of confusing terms, data and numerical disclosure.  As your Arizona Mortgage Lender, I want to help you!  Let's run through and explain what the TIL madness is all about: History of the TIL The Truth In … [Read more...]