The Mortgage Dictionary

What is a Good Faith Estimate?


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Mortgage Dictionary 
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Alex Hernandez | Mortgage Loan Officer | NMLS #1605167
St. George Utah | Equal Housing Lender
Transcription:
A good faith estimate is 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.
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The Mortgage DictionaryBy Alexander Hernandez