# Fla. Stat. § 494.00165: 494.00165 Prohibited advertising; record requirements

> Florida · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.00165

## Section

- **Citation:** Fla. Stat. § 494.00165
- **Heading:** 494.00165 Prohibited advertising; record requirements
- **Jurisdiction:** Florida
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Florida Code / Title XXXIII / Chapter 494 / Part I / Section 494.00165

## Text

(1) It is a violation of this chapter for any person to: (a) Advertise that an applicant shall have unqualified access to credit without disclosing the material limitations on the availability of such credit. Material limitations include, but are not limited to, the percentage of down payment required, that a higher rate or points could be required, or that restrictions on the maximum principal amount of the loan offered could apply. (b) Advertise a mortgage loan at an expressed interest rate unless the advertisement specifically states that the expressed rate could change or not be available at commitment or closing. (c) Advertise mortgage loans, including rates, margins, discounts, points, fees, commissions, or other material information, including material limitations on such loans, unless the person is able to make such mortgage loans available to a reasonable number of qualified applicants. (d) Falsely advertise or misuse names indicating a federal agency pursuant to 18 U.S.C. s. 709. (e) Engage in unfair, deceptive, or misleading advertising regarding mortgage loans, brokering services, or lending services.

(2) Each person required to be licensed under this chapter must maintain a record of samples of each of its advertisements, including commercial scripts of each radio or television broadcast, for examination by the office for 2 years after the date of publication or broadcast.

History: s. 6, ch. 99-213; s. 520, ch. 2003-261; s. 7, ch. 2009-241.

## Nearby sections

- [Fla. Stat. § 494.001 494.001 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.001.md)
- [Fla. Stat. § 494.002 494.002 Statutory or common-law remedies.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.002.md)
- [Fla. Stat. § 494.0011 494.0011 Powers and duties of the commission and office.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0011.md)
- [Fla. Stat. § 494.0012 494.0012 Investigations; complaints; examinations.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0012.md)
- [Fla. Stat. § 494.0013 494.0013 Injunction to restrain violations.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0013.md)
- [Fla. Stat. § 494.0014 494.0014 Cease and desist orders; refund orders.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0014.md)
- [Fla. Stat. § 494.0015 494.0015 Evidence; examiner’s worksheets, investigative reports, other related documents.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0015.md)
- [Fla. Stat. § 494.0016 494.0016 Books, accounts, and records; maintenance; examinations by the office.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0016.md)
- [Fla. Stat. § 494.0018 494.0018 Penalties.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0018.md)
- [Fla. Stat. § 494.0019 494.0019 Liability in case of unlawful transaction.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0019.md)
- [Fla. Stat. § 494.0022 494.0022 Applicability of act.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0022.md)
- [Fla. Stat. § 494.0023 494.0023 Conflicting interest.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0023.md)
- [Fla. Stat. § 494.0024 494.0024 Waiver.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0024.md)
- [Fla. Stat. § 494.0025 494.0025 Prohibited practices.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0025.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.00165. Check the current official text before relying on it. Not legal advice.