Good Faith Estimate definition

Good Faith Estimate and “GFE” mean an estimate of charges, prepared in accordance with section 5 of RESPA, which a Borrower is likely to incur in connection with the Closing of a proposed Loan.
Good Faith Estimate means a good faith estimate of all anticipated costs that will be borne by the Mortgagor in a mortgage transaction;
Good Faith Estimate means a notification of expected charges for a scheduled or requested item or service, including items or services that are reasonably expected to be provided in conjunction with such scheduled or requested item or service, provided by a convening provider, convening facility, co-provider, or co-facility.

Examples of Good Faith Estimate in a sentence

  • In addition to our fees, estimates of other fees you will pay in connection with your loan will be shown on your Good Faith Estimate.

  • You will be given credit at closing for any upfront money that you have paid as shown in the Statement of Terms section of this document and on the Good Faith Estimate.

  • In addition to our Broker Fees, estimates of other fees you will pay in connection with your loan are shown on your Good Faith Estimate of Closing Costs.

  • You may not be charged any fee, other than a reasonable credit report fee (if applicable), prior to (i) receiving your Good Faith Estimate from us, (ii) expressing your intent to proceed with the loan transaction and (iii) receiving the initial disclosures from the mortgage lender.

  • This amount is included in the “Our origination charge” of Block 1 of your Good Faith Estimate.


More Definitions of Good Faith Estimate

Good Faith Estimate shall have the meaning set forth in Section 3(e)(2).
Good Faith Estimate means the number of hours a fast food employee can expect to work per week for the duration of the employee’s employment and the expected days, times, and locations of those hours.
Good Faith Estimate means the number of hours a fast food employee can expect to work per week for the duration of the
Good Faith Estimate. The audit should ensure that it was sent to the borrower within three days of receiving the credit application. The document is then checked for accuracy as to date, borrower(s) name(s) and address with reasonable fee estimates disclosed.
Good Faith Estimate means a written estimate of the charges a Potential Borrower is likely to incur in connection with a proposed Loan.
Good Faith Estimate means a reasonable estimate of the price each provider anticipates charging for an episode of care for nonemergency health care services that is made by:
Good Faith Estimate. Under the law, health care providers need to give patients who don’t have insurance or who are not using insurance an estimate of the bill for medical items and services. ● You have the right to receive a Good Faith Estimate for the total expected cost of any non-emergency items or services. This includes related costs like medical tests, prescription drugs, equipment, and hospital fees. ● Make sure your health care provider gives you a Good Faith Estimate in writing at least 1 business day before your medical service or item. You can also ask your healthcare provider, and any other provider you choose, for a Good Faith Estimate before you schedule an item or service. ● If you receive a bill that is at least $400 more than your Good Faith Estimate, you can dispute the bill. ● Make sure to save a copy or picture of your Good Faith Estimate. For questions or more information about your right to a Good Faith Estimate, visit xxx.xxx.xxx/xxxxxxxxxxx or call 000-000-0000. Insurance Reimbursement: You should be aware that your contract with your health insurance company requires that we provide it with information relevant to the services that we provide to you. We are required to provide a clinical diagnosis. Sometimes we are required to provide additional clinical information such as treatment plans or summaries or copies of your entire Clinical Record. In such situations, we will make every effort to release only the minimum information about you that is necessary for the purpose requested. This information will become part of the insurance company files and will probably be stored in a computer. Though all insurance companies claim to keep such information confidential, we have no control over what they do with it once it is in their hands. In some cases, they may share the information with a national medical information database. It is important to remember that you always have the right to pay for my services yourself to avoid the problems described above [unless prohibited by contract]. We will provide you with a copy of any report we submit if you request it. By signing this Agreement, you agree that we can provide requested information to your carrier.