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new gfe: Are the New Good Faith Changes Good for Consumers? - 01/20/10 03:02 PM
I have been a loan officer for over a decade, so needless to say I have handled a lot of forms.  Loan officers have many responsibilities and one the most important is helping propective homebuyers understand the costs and fees of buying a home.
Does the new Good Faith Estimate make it easier for a homebuyer to understand what they are doing? 
Like most questions the answer is not 100% yes or no.  There are some definite advantages to the new form, but let me point out a few shortcomings that lenders, realtors and homebuyers should be looking out for...
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Olan Carder

Charlotte, NC

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Fairway Independent Mortgage

Address: 8430 Read Road, Suite E, Charlotte, NC, 28277

Cell Phone: (980) 721-7478

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