Archives by Tag 'good faith estimate'
Good Faith Estimate helps buyers understand their mortgage
By admin - Last updated: Sunday, December 21, 2008
Mortgage lenders and brokers are required by law to provide a buyer with a good faith estimate when the buyer is applying for a home loan. HUD is requiring that this estimate be easy for the buyer to read and provide clear answers to the questions the borrower may have regarding the mortgage. The good [...]