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 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.

Good Faith Estimate means a good faith estimate of all anticipated costs that will be borne by the Mortgagor in a mortgage transaction;

Examples of Good Faith Estimate in a sentence

• The mortgagee must ask the mortgagor about any costs or other ob- ligations that the mortgagor has in- curred to obtain the mortgage, as de- fined by the Secretary, in addition to providing the Good Faith Estimate re- quired by § 3500.7 of this title.

• You have the right to receive a Good Faith Estimate for the total expected cost of any non-emergency healthcare services, including psychotherapy services.

• You will learn about the sales agreement, how to use a Good Faith Estimate to shop for the best loan for you, required settlement services to close your loan, and the HUD-1 Settlement Statement that you will receive at closing.

• 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.

• The mortgage broker’s fee must be itemized in the Good Faith Estimate and on the HUD–1 Settlement Statement.

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

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 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 as applicable]. This lock in fee must be paid by (date). If you provide the lender with incomplete or incorrect credit information, you may forfeit some or all of your lock-in fee.

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: