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Mortgage Industry Updates: New Good Faith Estimate

By
Education & Training with Ask The Underwriter Mentor/ Mtg. Underwriter

The Good Faith Estimate has taken a change (for the better!)  This new standardized Good Faith Estimate will be required starting January 2010.  You can read more at:

 http://www.hud.gov/news/release.cfm?content=pr08-175.cfm

 

Live FHA Training available in various states.  We also offer instructor led on-line courses. If you are looking to learn technique and theory than contact Alpha Mortgage Training.  Our Courses were written by a team of mortgage underwriters with a combined 58 years of conventional and government experience. Our courses will not only help you produce more effective loans, but they will also help you increase your closing ratio.

 

 

 

 

 

 

 

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

D.Bass I am all for more improvements on Good Faith Estimates, there are still too many games being played out there.

Nov 12, 2008 12:29 PM
Daniel J. Brudnok, REALTOR
Berkshire Hathaway Home Services Fox & Roach, REALTORS - Exton - PA License #RS-225179-L / Delaware License #RS-0025038 - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Standard makes sense.......easier for all concerned

Nov 15, 2008 12:50 PM