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hand holding letter : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

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What Is A Mortgage Loan Worksheet?

Starting in 2010 the government introduced a new Good Faith Estimate form which required lenders to spell out loan costs in very precise and standardized language — information which lenders must honor at closing. The new form from HUD has raised a question among some lenders as to whether a pre-approval letter or a pre-qualification [...]

1Jul2010 | | 0 comments | Continued