Which statement is true regarding a mortgage company that advertises loans in Spanish and English?

The assertion that the mortgage company must provide key disclosures in Spanish to their Spanish-speaking clients is accurate. This requirement ensures that essential information regarding loans, including terms, conditions, and potential risks, is accessible to individuals who may not be proficient in English. Providing disclosures in a language that matches the client's preference helps to facilitate clear communication and ensures that clients can make informed decisions regarding their financial commitments. This practice aligns with regulations aimed at promoting fair lending and consumer protection, allowing clients to understand their obligations and rights fully.

The requirement for ensuring clear communication is particularly crucial in the mortgage industry, where complex financial terms and conditions could have significant impacts on clients' lives. Therefore, it is essential for companies that actively market in multiple languages to accommodate the language needs of their customers, fostering inclusivity and comprehension in financial literacy.