Good Faith Estimate

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Good Faith Estimate

 

Applicant(s):                                                                         

Sales Price:                           $                                                                                                

Base Loan Amount:               $      

Total Loan Amount:               $    

Property Address:                                               

Type of Loan:                                                                                                                              

Date Prepared:                                                                                                       

Term of Loan:  30

This information provided below reflects estimates of the charges which you are likely to incur at the closing of your loan.  The fees listed are estimates – the actual charges may be more or less.  Your transaction may not involved a fee for every item listed.
The numbers listed beside the estimates generally correspond to the numbered lines in the HUD-1 or HUD -1A settlement statement that you will be receiving at closing. 

800 ITEMS PAYABLE IN CONNECTION WITH LOAN

 

 

1100 TITLE CHARGES

 

801  Loan Origination Fee (       %)

$

 

1101 Closing or Escrow Fee                   

$

802  Loan Discount Fee     (       %)

$

 

1102  Abstract or Title Search

$

803  Appraisal Fee

$310.00

 

1103  Title Examination

$150.00

804  Credit Report

$  36.00

 

1104  Title Insurance Binder

$

810  Tax Related Service Fee

$

 

1105 Document Prep. Fee

$

811  Flood Check Fee

$  26.00

 

1107  Attorney Fees

$450.00

814  Buy Down Expense

$

 

1108  Title Insurance

$

815  GA Res. Mtg. Per Loan

$    6.50

 

1109  Quit Claim Deed

$

816  Doc Prep. Fee Lender

$390.00

 

1110  Power of Attorney

$

 

 

 

1111 Wire Transfer

$

 

 

 

 

 

900 ITEMS REQUIRED BY LENDER  

       TO BE PAID IN ADVANCE

 

 

1200 GOVERNMENT RECORDING

& TRANSFER CHARGES

 

900  Interest for        day @$

$

 

1201  Recording Fees

$  45.00

902  Mortgage Insurance Premium

$

 

1202  City/County Tax/Stamps

$

903  Hazard Insurance Premium

$

 

1203  State Tax/Stamp

$

 

 

 

 

 

1000 RESERVES DEPOSITED WITH LENDER

 

 

1300 ADDITIONAL SETTLEMENT CHARGES

 

1001 Hazard Ins.      Months @ $

$

 

1301  Survey

$

1003 Taxes               Months @ $

$

 

1302  Pest Inspection

$

 

 

 

1303  HOA Dues

$

 

 

 

1304  Courier Fees

$  45.00

 

 

 

1305  Well & Septic Inspection

$

 

 

 

1306  Structure Inspection

$

 

 

 

 

 

TOTAL ESTIMATED FUNDS NEEDED TO CLOSE

 

 

TOTAL ESTIMATED MONTHLY PAYMENT

 

 

 

 

 

 

Down Payment

$

 

Principal & Interest

$

Est. Closing Costs

$

 

Real Estate Taxes

$

Est. Prepaid Items/Reserves

$

 

Flood & Hazard Insurance

$

Other

$

 

Mortgage Insurance

$

 

 

 

HOA Fees

$

Credits:

 

 

TOTAL MONTHLY PAYMENT

$

Seller/Builder credit

$

 

 

 

Earnest money

$

 

 

 

Lender paid closing cost

$

 

 

 

Seller paid closing cost

$

 

 

 

TOTAL EST. FUNDS TO CLOSE

$

 

 

 

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Disclosure
 Web Site Internet Warning:
 Despite advertising claims to the contrary, the internet is not an experienced Dancer, Real Estate or Mortgage Professional. It cannot consult, counsel, advise, have knowledge of local laws and market conditions, make judgments, "own" the result, or most importantly, understand your individual goals and needs or care about you as a Customer, Client or Dancer. To obtain an accurate interpretation of any information you're receiving online, please contact Cathy at 404-550-0775 or E-mail: mcm135@aol.com
Last modified: January 11, 2006