"FSBO" or "buying foreclosures"
"Chicago, IL" or "Florida"
Views: 4478
Good Faith Estimate (GFE)
A written estimate of all expected closing fees including pre-paid and escrow items as well as lender charges. It must be given to the borrower, by a potential lender, within three days after submission of a mortgage loan application. By law, brokers and lenders are required to make as accurate an estimate as possible.
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