The disclosures will be in a form that the The periodic rate used to compute the finance charge or the annual percentage rate; Physical Fulfillment - Ex Libris Knowledge Center Triggering terms that require *s. Closed end loan trigger terms . Number of payments or repayment period. (3) the amount of any payment; Amount or percentage of any down payment If any of the following terms is set forth in an advertisement, the advertisement must include the additional disclosures described in d.2. Making loans based predominantly on the foreclosure or liquidation value of a borrower's collateral rather than on the borrower's ability to repay the mortgage according to its terms The disclosures will be in a reasonably understandable form and legible. Clearly and conspicuously in writing. • 36 to 72 month auto loans; These disclosures must be used for mortgage loans for which the creditor or mortgage broker receives an application on or after august 1, 2015. ...