Home > Uncategorized > Just how good is the new Good Faith Estimate

Just how good is the new Good Faith Estimate

Two months since the new RESPA rule took effect, some mortgage lenders report consumers are asking more questions throughout the homebuying process, while others say consumer confusion has simply taken a new shape.

The new rules will hopefully ensure fewer surprise fees, but does the new Good Faith Estimate make it easier for consumers to understand the terms of their loan program?

http://tinyurl.com/yzl5x88

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