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Loan originator name        
Initial loan amount
$
$
$
$
Loan term
                            YRS		  
                            YRS
                            YRS
                            YRS
Initial interest rate 

                             %
                             %
                             %
                             %
Initial monthly amount owed
$
$
$
$
Rate lock period
                           Days
                           Days
                           Days
                           Days
Can interest rate rise ?
          No           Yes
          No           Yes
          No           Yes
          No           Yes
Can loan balance rise?
          No           Yes
          No           Yes
          No           Yes
          No           Yes
Can monthly amount owed
rise?
          No           Yes
          No           Yes
          No           Yes
          No           Yes
Prepayment penalty?
          No           Yes
          No           Yes
          No           Yes
          No           Yes
Balloon payment?
          No           Yes
          No           Yes
          No           Yes
          No           Yes
Total Estimated Settlement
Charges?
$
$
$
$
Your initial loan amount $ $ $
Your initial interest rate1                                              %                                              %                                             %
Your initial monthly amount owed $ $ $
Change in the monthly amount from this GFE $ $ $
Change in the amount you will pay at settlement with this interest rate $ $ $
How much your total settlement charge will be  $ $ $
$
                                                         Years
                                                         %
$                                                       per month
     No         Yes, it can rise to a maximum of                        %.
                    
                     The first change will be in
       No        Yes, it can rise to a maximum of $
       No        Yes, the first increase can be in

                      and the monthly amount owed can
                     
                      rise to $                                     . The maximum it
                     
                      can ever rise is $
      No         Yes, your maximum prepayment
                      
                      penalty is $
      No         Yes, you have a balloon payment of
                     
                      $                                          due in                    years.
Good Faith Estimate(GFE)
Purpose
This GFE gives you an estimate of your settlement charges and loan terms if you are approved for
this loan. For more infromation, see HUDs Special information Booklet on settlement charges, your Truth-in-Lending Disclosures, and other consumer infromation at www.hud.gov/respa. If you decide you would like to proceed with this loan, contact us.
Shopping for
your Loan
Only you can shop for the best loan for you. Compare this GFE with other loan offers. So you can find
the best loan. Use the shopping chart on page 3 to compare all the offers you receive.
1. The Interest rate for this GFE is available through                                                          . After this time, the
    interest rate, some of your loan Origination Charges, and the monthly payment shown below can
    change until you lock your interest rate.

2. This estimate for all other settlement charges is available through                                              .

3.  After you lock your interest rate, you must go to settlement within        days (your rate lock period)
     to receive the locked interest rate.

4. You must lock the interest rate at least                                      days before the settlement.  
Important dates
Summary of your loan
Summary of your
settlement charges
 
Some lenders require an escrow account to hold funds for paying property taxes or other property-
related charges in addtion to your monthly amount owed of $
Do we require you to have an escrow account for your loan?
         No, you do not have an escrow account. You must pay these charges directly when due
         Yes, you have an escrow account. It may or may not cover all of these charges. Ask us
+
Top of page 2 Good Faith Estimate
Name of Originator
Originator
Address
Originator Phone Number
Originator E-Mail
Borrower
Property
Address
Date of GFE
Understanding
your estimated
settlement charges
1. Our origination charge                                                                            
    This charge is for getting this loan for you                               
$ 
2. Your credit or charge(points) for the specific interest rate chosen
          The credit or charge for the interest rate of                 % is included in
         "Our orgination charge" (See item 1 above)
            
          You recieve a credit of $                          for this interest rate of                 %
          This credit reduces your settlement charges.
           
          You pay a charge of $                          for this interest rate of                  %
          This charge (points) increases your total settlement charges.

   The tradeoff table on page 3 shows that you can change your total
   settlement charges by choosing a different interest rate for this loan           















Your Adjusted Origination Charges
Your Adjusted Origination charges (see page 2)
Your Charges for All Other Settlement Services (see page 2)
Your Charges for All Other Settlement Services (see page 2)
Some of these charges can change at settlement. See the top of page 3 for more information.
3.  Required services that we select
      These charges are for services we require to complete your settlement.
      We will choose the provider of these services.
     Service                                                               Charge
     		 
4.  Title services and lender's title insurance
      This charge includes the services of a title or settlement agent, for
      example, and title insurance to protect the lender, if required.


$
5.  Owners title insurance
     You may purchase an owner's title insurance policy to protect your interest
      in the property.


$
6.  Required services that you can shop for
     These charges are for other services that are required to complete your
     settlement. We can identify providers of these services or you can shop
     for them yourself.  Our estimates for providing these services are below.
     Service                                                                  Charge








   
    
  		 
7.  Government recording charges 
      These charges are for state and local fees to record your loan and
      title documents.  

$
8.  Transfer taxes
      These charges are for state and local fees on mortgages and home  
      sales.


$
9.  Initial deposit for your escrow account
     This charge is held in an escrow account to pay future reccuring charges
      on your property and includes         all property taxes,        all insurance
      and         other                                                      .                                                .
  




$
10. Daily interest charges
      This charge is for the daily interest on your home loan from the day of your
       settlement until the first day of the next month or the first day of your
       normal mortgage payment cycle. This amount is$                           per day
      
       for                days ( if your settlement is                                                    ).





$
11. Homeowner's insurance
      This charge is for the insurance you must buy for the property to protect
      from a loss, such as fire.
      Policy                                                                      Charge                     








$
Top of page 3 Good Faith Estimate
Instructions

Understanding
which charges
can change at
settlement
This GFE estimates your settlement charges. At your settlement, you will receive a HUD-1, a form that lists your actual costs. Compare the charges on the HUD-1 with the charges on this GFE. Charges can be changed if you select your own provider and do not use the companies we identify. ( See below for details.)
Using the
tradeoff table
In this GFE, we offered you this loan with a particular interest rate and estimated settlement charges. However:

* If you want to choose this same loan with a lower settlement charges, then you have a higher interest rate.
* If you want to choose this same loan with a lower interest rate, then you will have higher settlement charges.

If you would like to choose an available option, you must ask us for a new GFE

Loan originators have the option to complete this table. Please ask for the additional information, if the table is not completed.
   The loan in this GFE   The same loan with
  lower settlement charges
   The same loan with a
  lower interest rate
Use this shopping chart to compare GFEs from different loan originators. Fill in the
infomation by using a different column for each GFE you receive. By comparing loan
offers, you can shop for the best loan.  
Using the
shopping chart
If your loan is
sold in the future
Some lenders may sell your loan after settlement. Any fees lenders receive in the future cannot change the loan you receive or the charge you paid at settlement.
B
Good Faith Estimate (HUD-GFE)   3
Good Faith Estimate (HUD-GFE)   2
Good Faith Estimate (HUD-GFE)   1
$
A
A
B
Escrow account information
  Your Adjusted Origination Charges
A
$
$
   Total Estimated Settlement Charges
B
B
A
+
$ 
$
Your Charges for All Other Settlement Services
$
   Total Estimated Settlement Charges
1 For an adjustable rate loan, the comparisons above are for the initial interest rate before adjustments are made.
Your initial loan amount is
Your loan term is
Your initial interest rate is
Your initial monthly amount owed for principal,
interest, and any mortgage insurance is
Can your interest rate rise?
                    
                    
Even if you make your payments on time, can your
balance rise?
Even if you make your payments on time, can your
monthly amount owed for principal, interest,
and any mortgage insurance rise?                
Does your loan have a prepayment penalty?
                      
                   
Does your loan have a balloon payment?
                     
                    
This loan  
 
These charges
Cannot increase
at settlement		 The total of these charges
can increase up to 10%
at settlement 		These charges
can change
at settlement
* Our origination charge

* Your credit or charge (points) for
    the specific interest rate chosen         
    (after you lock in your interest rate)


* Your adjusted origination charges
    (after you lock in your interest rate)


* Transfer taxes  		* Required services that we select


* Title services and lenders title
     insurance (if we select them or               
     you use companies we identify)


* Owner's title insurance
    (if you use companies we identify)


* Required services that you can
    shop for
    (if you use companies we identify)


* Government recording charges 		* Required services that you can shop
    for  (If you do not use companies we  
    identify)

* Title services and lenders title
     insurance (if you do not use
     companies we identify)

* Owner's title insurance
    (if you do not use companies we
     identify)


* Initial deposit for your escrow account

*  Daily interest charges

*  Homeowners insurance
Loan 2
Loan 3
Loan 4