Mortgage Advertisment

Posted By: cbailey

Mortgage Advertisment - 02/28/12 04:57 PM

I am reviewing an ad for the mortgage department. The following line is my concern. "Call for a no-obligation mortgage consultation" Would this be considered misleading?

226.24(i) (6) Misleading use of the term "counselor". Using the term "counselor" in an advertisement to refer to a for-profit mortgage broker or mortgage creditor, its employees, or persons working for the broker or creditor that are involved in offering, originating or selling mortgages.
Posted By: rlcarey

Re: Mortgage Advertisment - 02/29/12 03:06 AM

IMHO - yes
Posted By: cbailey

Re: Mortgage Advertisment - 02/29/12 04:11 PM

IMHO?
Posted By: Chance

Re: Mortgage Advertisment - 02/29/12 05:10 PM

In my humble opinion