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A buyer has just purchased a home and has applied for a new loan. Regulation Z requires that the lender inform the borrower of the:
A. three-day right of recession.
B. total amount of closing costs.
C. exact amount of monthly payments.
D. true cost of obtaining credit.
Regulation Z requires that the lender inform the borrower of the true cost of obtaining credit.
 
 
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Pinky
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Educating realtors for 20 years
 
 
Exam Details
 
 
New Mexico Specific Broker Real Estate Exam.
Taken: 3,485 times
Added: 9/16/2008
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Audience: Professional

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Real Estate License
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This is a study group dedicated to those wishing to become real estate Sales Agents or brokers.
 
 
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