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This is required of every lender under the Fact in Lending Act. When you agree to the prices and charges, the lender will direct you to definitely an e-signature web site, and your loan will likely be processed.

Fact in Lending Act – This can be a federal regulation which generally needs lenders to be able to open up to their borrowers the actual price of the loan. This can include the actual desire fee along with the conditions and terms of this loan in an uncomplicated to comprehend manner.

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