Borrower- Requests a quote from goodfaithestimate.com
GFE Member- One member is immediately notifed of borrowers request for a Good Faith Estimate
|
Borrower- Recieves one accurate Good Faith Estimate from a Member
- Has confidence the Good Faith Estimate is accurate
- Can compare Good Faith Estimate with other quotes
GFE Member- Provides one accurate Good Faith Estimate to borrower
- Notifies borrower of GFE Membership status
- Good Faith Estimate accuracy is not questioned by borrower
|
Borrower- Chooses GFE Member's estimate
- Fees do not change at closing
GFE Member- Completes closing with a happy borrower
- Improves trust in the lending industry
- Can compete with inaccurate Good Faith Estimates
|