Which of the following advertisements would NOT comply with the New Jersey Residential Mortgage Lending Act?

The advertisement that advertises a low fixed rate without clear terms does not comply with the New Jersey Residential Mortgage Lending Act because it fails to provide essential information that enables consumers to make informed decisions. The Act requires that all advertising related to mortgage lending must not only include enticing rates but also present complete and transparent terms.

When an advertisement promotes a low fixed rate, it is essential to specify the conditions under which this rate applies, such as the loan amount, the duration of the loan, and any applicable fees. Without clear terms, consumers might be misled into believing they qualify for a specific rate without understanding the full context or requirements. The other options, which include clearly stating terms, providing the lender's name, and offering various mortgage options, all contribute to a transparent and compliant advertising practice under the Act.