For generations, American homebuyers applying for a mortgage received a document called a good faith estimate (GFE) that outlined all the details of the loan. It was one of many disclosures provided ...

When you apply for a mortgage to buy a home, within three days you will receive a document known as a good-faith estimate, or GFE (it may also go by another name, loan estimate). So, what is a ...

The goal of estimating is to provide a quality estimate with a price that will allow the company to make a profit. Contractors should be in business to make a profit, not to win bids. When an ...

For borrowers to receive a clear and detailed guide of all the costs and fees of taking a mortgage, the law requires mortgage companies to provide an estimate of those charges. This was originally ...