Are there any high-cost loan rates fees limits on commercial property? If so, what are the disclosure requirements in Florida?
We can't answer questions about state laws as we are not familiar with the laws of all states. Federal laws require disclosures for consumer loans. Commercial loans generally require few disclosures and requirements for high priced loans apply not to commercial accounts, but to consumers. Contact your state attorney general or Better Business Bureau for an answer as to rate limits and disclosure requirements under Florida state laws.
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We can't answer questions about state laws as we are not familiar with the laws of all states. Federal laws require disclosures for consumer loans. Commercial loans generally require few disclosures and requirements for high priced loans apply not to commercial accounts, but to consumers. Contact your state attorney general or Better Business Bureau for an answer as to rate limits and disclosure requirements under Florida state laws.
