What is typically included in the borrower's rights under Minnesota law?

The correct focus in this context revolves around the rights of borrowers under Minnesota law. The right to discontinue an escrow account is significant as it connects directly to the financial management aspect of a mortgage. Borrowers generally have the right to control their accounts, including the ability to opt out of escrow accounts for property taxes and insurance after certain conditions are met, which is a form of consumer protection.

Understanding this aspect is crucial for MLOs as it affects how they will work with clients regarding their payment options and managing escrow accounts. If a borrower wishes to discontinue their escrow account, it is likely that they have to meet specific criteria set by the lender, but the overall entitlement to make that choice is clearly stipulated.

The remaining options, while relevant to borrower rights, do not align as closely with the core entitlements outlined in Minnesota mortgage law. The ability to dispute credit score findings or engage in homebuyer education, while important, does not directly pertain to the management of mortgage instruments, which is a primary focus for those involved in mortgage lending. The right to file complaints against loan officers, although crucial for maintaining accountability in the lending process, does not specifically represent a direct financial management right enjoyed by borrowers.