Good Faith Estimate. A document which estimates borrowers costs to be paid at or before settlement.
Good faith estimate. A written estimate of expected closing costs that a lender must provide a prospective home buyer within three days of the homeowner submitting a mortgage loan application. Brokers and lenders are required by law to make as accurate an estimate as they can.
Good Faith Estimate. Within 3 business days after applying for a mortgage loan you will receive an estimate of the funds you will need to close your loan. This is an estimate only; actual costs may differ depending on your specific situation.
Good Faith Estimate. A disclosure required under the Real Estate Settlement Procedures Act (RESPA) that must be given to all mortgage loan applicants at the time of application. The disclosure is an estimate of all settlement charges likely to be incurred at closing.
Good Faith Estimate. A form required by the Real Estate Settlement and Procedures Act (RESPA) that discloses an estimate of the amount or range of charges, for specific settlement services the borrower is likely to incur in connection with the mortgage transaction.
Good Faith Estimate. estimate of charges you are likely to incur in connection with a settlement.
Good Faith Estimate. Within days of application you will receive an estimate of the funds you will need to close your loan. This is an estimate only; actual cost may be somewhat lower or higher.
Good Faith Estimate. A written estimate of charges that a borrower is likely to incur in connection with obtaining a loan. A lender must mail to you a GFE within three business days after your application is received.
(Good Faith Estimate) - an list of " approximate " fees and monies that will exchange hands at the closing.
Good Faith Estimate. A written estimate of closing costs associated with the financing transaction which is to be provided by the lender within three days of application.
Good faith estimate. an estimate of all closing fees including pre-paid and escrow items as well as lender charges; must be given to the borrower within three days after submission of a loan application.
Good Faith Estimate. An estimate of settlement charges paid by the borrower at closing. The Real Estate Settlement Procedures Act (RESPA) requires a Good Faith Estimate of settlement charges be provided to the borrower.
Good Faith Estimate. All lenders are required to give mortgage applicants an estimate of closing costs within three days of an application submission.
Good Faith Estimate of settlement cost, which list the charges the buyer is likely to pay at the settlement.
Good Faith Estimate. Written estimate of the settlement costs the borrower will likely have to pay at closing. Under the Real Estate Settlement Procedures Act (RESPA), the lender is required to provide this disclosure to the borrower within three days of receiving a loan application.
Good Faith Estimate. A document which tells borrowers the approximate cost they will pay at or before settlement, based on common practice in the locality. Under requirements of the Real Estate Settlement Procedures Act (RESPA), the mortgage banker or broker, if any, must deliver or mail the GFE to the applicant within three business days after the application is received.
Good Faith Estimate. An estimate of charges that a borrower is likely to incur during settlement. A lender is required to provide you with a GFE within 3 days of completing a loan application.
Good Faith Estimate. An estimate of charges which a borrower is likely to incur in connection with a settlement.
Good Faith Estimate of Buyers Loan Charges.
Good Faith Estimate. A disclosure that must be given to all mortgage loan applicants within three business days of an application. It is an estimate of all settlement charges likely to be incurred at closing.
Good Faith Estimate. As required by the Real Estate Settlement Procedures Act, this estimate discloses the settlement charges the borrower will incur at or before closing. This disclosure has estimated costs that may be different than the actual costs due at settlement. The Good Faith Estimate also identifies the relationship that the lender may have with vendors that will provide settlement services for which the consumer will be required to pay.
Good Faith Estimate. A document that tells borrowers an estimate of the settlement charges the mortgagor incurs at closing. Under the requirements of the Real Estate Settlement Procedures Act (RESPA), a borrower must receive a GFE within three business days after the loan application is received.
Good Faith Estimate. An itemized list of the estimated closing costs. By law, lenders or brokers must provide this list within 3 business days of receipt of the application. The GFE is intended to assure that consumers have adequate information about closing costs early on to enable them to comparison shop. The Real Estate Settlement Procedures Act requires this disclosure.
Good faith estimate. An itemized, detailed list of certain estimated costs associated with a home loan that the lender is required to provide to the borrower within three business days of the application.