What lis lanother lname lfor lInterest lRate? l- lcorrect lanswer.Note lrate lor lNominal lRate
PITI ldivided lby lGross lMonthly lIncome lis lreferred lto las lwhat? l- lcorrect lanswer.Housing
lRatio lor lFront-End-DTI
PITI l+ lmonthly ldebt ldivided lby lGross lMonthly lIncome lis lreferred lto las lwhat? l- lcorrect
lanswer.Total lObligation lRatio-Back-end lRatio
How llong lmust lTILA lDisclosures lbe lkept? l- lcorrect lanswer.2 lyears l(exceptions- lLE lis lkept
lfor l3 lyrs land lCD lis lkept lfor l5 lyrs)
What lis lthe lmaximum lamount lof ltime lthat lNEGATIVE linfo lcan lremain lon la lcredit lreport? l-
lcorrect lanswer.7 lyears
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