Good Faith Estimate (GFE)

As a Borrower, How Do I Shop For a Mortgage Loan If I Can’t Get a Good Faith Estimate From My Lender?

When HUD made the much-talked about changes to the Good Faith Estimate (GFE) effective January 1,2010, it rolled out with several major flaws.  The most noticeable and problematic being that lenders will not prepare a GFE for a new home buyer until the buyer has a property address for the home they want to buy.  That means [...]

Read Full Article & Comment →