Truth in Lending Act (TILA) and the LO Comp Rule Compliance Course



Learning Objectives

  • Describe why TILA was created
  • Explain what topics and transactions are covered
  • Reiterate the exceptions
  • Discuss finance charges including what is and what is not a finance charge
  • Reference how many disclosures are required and multiple borrower scenarios including the right to rescind
  • Explain the purpose of the annual percentage rate or APR
  • Summarize the right of rescission under TILA including where it applies

Course Format

  • Online Self-paced
  • Fully Interactive
  • All Course Material Included * Certificate of Completion provided

Who Should Attend

This training is useful for ALL mortgage professionals including loan officers and brokers.

System Requirements

  • A functional computer with audio playback capability
  • A fast and consistent wired or wireless Internet signal (DSL or higher – dial-up connections not recommended)
  • Google Chrome or Microsoft Edge Browser


Group pricing available: Contact [email protected] for details


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