Jun 25 2007
Accuracy is everything with Florida mortgage Good Faith Estimates
While you shop diligently for your mortgage financing from mortgage professionals; remember that accuracy is everything regarding Good Faith Estimates. For example, a Florida mortgage Good Faith Estimate should include every detailed cost a Florida home buyer may incur at closing.
At BeechTree Mortgage, we disclose everything from the Lender fees, Title insurance costs, Florida State taxes and more. The truth is in letting the home buyer know, in advance, all of the costs associated with their new home purchase. With accurate Good Faith Estimates, ho0me buyer in Florida would be able to shop and compare various mortgage financing programs, interest rates, and closing costs.
When you find the mortgage financing program you prefer; ask the mortgage professional some additional questions for accuracy. Ask why this particular mortgage program is the best recommendation? Or is there another loan program to consider? Can you lock-in the illustrated interest rate? Will there be any additional costs from anyone that may show up on the HUD-1 Settlement Statement at closing? How much money will the mortgage company earn based on this Good Faith Estimate? Getting that answer, separates the professionals from the rest.
Have fun while shopping and make sure you get your Good Faith Estimates upfront so you can shop fairly. If you ever have questions regarding your Good Faith Estimates, please contact me at 888-399-0520 or email. I would love the opportunity to assist in reviewing with you.