
Truth in Lending Act (TILA) Worksheet
Quiz
•
Other
•
University
•
Easy
Mercy Hdez
Used 1+ times
FREE Resource
Enhance your content
58 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does TILA stand for?
Truth in Lending Act
Total Interest Loan Agreement
Tax Incentive Lending Act
Trust in Loan Act
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
TILA disclosures are required when credit is offered, but before the transaction, and when credit is advertised to potential customers.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many installments must there be for TILA to apply?
2
3
4
More than 4
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How long must a Loan Estimate be kept according to TILA disclosures?
1 year
2 years
3 years
5 years
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fill in the blank: The Closing Disclosure must be kept for ____ years according to TILA disclosures.
5
2
3
7
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which booklet must be provided for ARM loans under TILA disclosures?
Consumer Handbook on Adjustable Rate Mortgages (CHARM booklet)
Home Equity Loan Guide
Mortgage Insurance Booklet
Loan Originator Handbook
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When must the notice of right to rescind be provided for Home Equity Loans, HELOC, and Refinances of Principal Residence?
Within 1 day
Within 3 days
Within 7 days
Within 20 days
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple

Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
Similar Resources on Wayground
61 questions
NHA CCMA CH 3 Pharmacology
Quiz
•
10th Grade - University
60 questions
HAC-101 Midterm Quiz
Quiz
•
University
60 questions
Mock Test CUK 1
Quiz
•
University
57 questions
trmrk
Quiz
•
University
61 questions
D363 Assesment
Quiz
•
University
53 questions
OSHA, NFPA, Workplace Safety
Quiz
•
8th Grade - Professio...
55 questions
ТЕОР ГРАМ 95-150
Quiz
•
University
63 questions
NAV - CPL Exam Ready
Quiz
•
University
Popular Resources on Wayground
20 questions
Brand Labels
Quiz
•
5th - 12th Grade
10 questions
Ice Breaker Trivia: Food from Around the World
Quiz
•
3rd - 12th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
20 questions
ELA Advisory Review
Quiz
•
7th Grade
15 questions
Subtracting Integers
Quiz
•
7th Grade
22 questions
Adding Integers
Quiz
•
6th Grade
10 questions
Multiplication and Division Unknowns
Quiz
•
3rd Grade
10 questions
Exploring Digital Citizenship Essentials
Interactive video
•
6th - 10th Grade
Discover more resources for Other
11 questions
NFL Football logos
Quiz
•
KG - Professional Dev...
20 questions
Definite and Indefinite Articles in Spanish (Avancemos)
Quiz
•
8th Grade - University
7 questions
Force and Motion
Interactive video
•
4th Grade - University
36 questions
Unit 5 Key Terms
Quiz
•
11th Grade - University
38 questions
Unit 6 Key Terms
Quiz
•
11th Grade - University
20 questions
La Hora
Quiz
•
9th Grade - University
7 questions
Cell Transport
Interactive video
•
11th Grade - University
7 questions
What Is Narrative Writing?
Interactive video
•
4th Grade - University