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Florida Real Estate Exam

Category - Florida

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The real estate commissioner would prohibit which of the following mortgage broker advertisements?

We loan up to 75% of verified market value
We loan upon verification of equity
Call 1-800-For-ALoan
First trust deeds available 10% APR

Explanation

Answer C - Call 1-800-For-ALoan is deceptive advertising because specific items will have to be verified after the phone call.

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