new gfe and hud: New Good Faith Estimate of Closing Costs - 01/16/10 05:24 AM
New Good Faith Estimate of Closing Costs
Sometimes the hardest part about having new forms is that, well, it's NEW! It's DIFFERENT! We have to create new scripts to EXPLAIN it so that our clients can UNDERSTAND it. But first... WE have to understand it.
So here are just a few points regarding the new Good Faith Estimate that I hope will help with that.
First, we have to recognize the old Good Faith Estimate was really an estimate focused on how much the BUYER needed to bring to closing and how much they would have to pay monthly.
Now, we have an estimate of closing costs … (50 comments)

 
Ruth  Vogt, 719-592-0855 Apply 24/7 www.ColoradoHomeLender.com (Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate.) Rainmaker large

Ruth Vogt

719-592-0855 Apply 24/7 www.ColoradoHomeLender.com

Colorado Springs, CO

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Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate.

Address: Serving Colorado Springs and surrounding areas, Offering FHA, VA, conventional, bond financing programs, Contact , ME, 719-592-0855

Office: (719) 592-0855

Mobile: (303) 881-7849

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