What is a Good Faith Estimate or GFE?
the GFE or good Faith estimate is a mortgage form that breaks down all of the closing costs and charges associated with a particular loan. The GFE is intended to assist the home buyer or home owner in understanding who is getting paid, what are they getting paid and what services are being rendered? We like to think of the good Faith estimate as an itemization of all of the charges associated with the VA loan.
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