Which statement is true regarding the distribution of fliers by a mortgage loan originator?

Prepare for the Utah PLM Test with flashcards, multiple choice questions, and detailed explanations. Maximize your chances of passing with a thorough review of lending and mortgage concepts.

A mortgage loan originator is subject to several regulations when it comes to the distribution of marketing materials, including fliers. The correct choice indicates that including financing information is permissible as long as it is clearly marked as such. This requirement is in place to ensure that consumers are not misled by the information presented and that distinctions between promotional content about the property and financing options are clear. Highlighting that financing information must be marked helps to maintain transparency and consumer protection in advertising practices.

The emphasis on marking financing information is crucial because it aids in preventing potential misrepresentations or confusion among consumers regarding the nature of the information being provided. This practice aligns with the principles of responsible lending and advertising, ensuring that borrowers are fully aware of different aspects of financing without being misled.

Other choices may suggest that any type of information can be included or that contact information is not allowed, which does not adhere to the regulatory guidelines for mortgage loan originators. The focus on transparency and clear communication about financing options is key to ethical marketing practices in the mortgage industry.

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