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A bank offers 25 year, 185,000 mortgages at 4.8 percent and charges a 3800 refundable loan application fee. The current disclosure law requires that any

A bank offers 25 year, 185,000 mortgages at 4.8 percent and charges a 3800 refundable loan application fee. The current disclosure law requires that any fees that will be refunded if the applicant is rejected be included in calculating the APR

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