Under TILA guidelines, which of the following disclosures is NOT provided for an adjustable-rate loan?

In the context of TILA (Truth in Lending Act) guidelines, the correct answer indicates that a statement specifying that the interest rate will be offered for the duration of the loan is not a disclosure typically provided for an adjustable-rate loan. This is because adjustable-rate mortgages (ARMs) inherently have interest rates that can fluctuate over the life of the loan based on changes in a specified index.

TILA regulations require specific disclosures for ARMs to inform borrowers adequately about how their mortgage structure works. Key disclosures include the frequency at which the annual percentage rate (APR) changes, the potential for payment amounts to change over time, and the index on which the adjustments are based. These items provide essential information that helps borrowers understand the nature of the loan and what to expect regarding their payments and interest rates.

In contrast, a statement that the interest rate will remain constant for the loan's duration is misleading for adjustable-rate mortgages, as these loans are designed specifically to have rates that can vary. Therefore, this type of disclosure is not applicable and thus does not need to be provided under TILA for adjustable-rate loans.