What percent of increase is allowed between the initial TIL APR and the Final TIL APR?

The Truth in Lending Act (TILA) allows for a maximum increase of 1% in the Annual Percentage Rate (APR) for fixed-rate loans and up to 2% for adjustable-rate loans between the initial Truth in Lending (TIL) disclosure and the final TIL disclosure. This ensures transparency and protects consumers from significant changes in loan costs before closing. It's essential for borrowers to review these disclosures carefully to understand any potential changes in their loan terms.