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New GFE Can Help You Get The Best Deal

Within three days of applying for a loan, you’ll get a “Good Faith Estimate” that lays out all of the terms and fees for the mortgage you want.

Within three days of applying for a mortgage, you'll get a "Good Faith Estimate" that lays out all of the terms and fees.

But are you getting the best possible deal?

On Jan. 1 the government required lenders to start using a new, standardized GFE that can help you decide.

On the last of the three pages you’ll find two new comparison charts that weren’t on the old GFEs created by banks and mortgage companies.

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