GOOD FAITH ESTIMATE the new 2010 changing for
GOOD FAITH ESTIMATE the new 2010 changing for. “ ” THERE IS NOTHING WRONG WITH CHANGE IF IT’S IN THE RIGHT DIRECTION. winston CHURCHILL.
Jan 18, 2016
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GOOD FAITH ESTIMATE
the new
2010changing for
“”
THERE IS NOTHING WRONG WITH CHANGE IF IT’S IN THE RIGHT DIRECTION.
winstonCHURCHILL
NOV 2008
HUDAMENDS
RESPA
TRANSPARENCY
changes to provide
STANDARDIZEhow loan fees are
DISCLOSED
the new
GFEdifferent
WAYS
inmany
1
2
3
PAGES
three
BUNDLED
costs are
together
WHOCOSTS
doesn’t show
is paying the
MONTHLYPAYMENT
doesn’t show
LOANPROGRAM
doesn’t show
Initial GFE is binding and can only be changed under certain circumstances.
act of
GOD
INFORMATION
change of
GFE 2010
STIPULATIONS
Can’t issue a GFE without a complete application.
THESE SIX ITEMS
APPLICATION
makea
complete
NAMESOCIAL SECURITY #MONTHLY INCOMEPROPERTY ADDRESSPROPERTY
VALUELOAN AMOUNT
LIMITATIONS
tolerance
0% 10%Unlimited
FORWARDmoving
client
REALTOR
STAFFCLOSIN
GAGENT
LENDER
TEAMENVIRONMENT
providing advice in a
PROCESS
refined
“”
The greatest danger in times of turbulence is not
the turbulence; it is to act with
yesterday’s logic.peterDRUCKERcreated by:
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