Good Faith Estimate (GFE)
What is it? A written estimate provided by a mortgage lender of the closing costs a borrower can expect to pay at or before settlement. This estimate must be mailed or delivered to all loan applicants within three business days after a loan application is received.Added By: Matthew
The Good Faith Estimate (GFE) definition has been viewed 176 Time(s)!
Send To Friends!
If you'd like to send the Good Faith Estimate (GFE) definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Good Faith Estimate (GFE). If you need any more information on this term, please don't hesitate to contact us.