TRUTH IN LENDING STATEMENT
You may be required to give these if the loan is a residential loan to a homeowner. Just click on the TIL sheet AFTER having completed everything in the colored cells of the Setup sheet.
The APR calculated is within Federal limits for accuracy. For information on what should be included in Finance Charges, see APR Costs to Include.pdf.
WARNING: Please note it is your responsibility for complying with all Lending laws, Federal, State and Local. We are not experts in this field. If you don’t know what you are doing, consult an experienced real estate attorney, mortgage broker and / or title company.