Get the free Certification of Receipt of Good Faith Estimate (GFE) and Intent to Proceed
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This document certifies that the borrower has received a Good Faith Estimate (GFE) and has expressed intent to proceed with the loan without being charged any fees prior to receiving the GFE.
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How to fill out certification of receipt of
How to fill out Certification of Receipt of Good Faith Estimate (GFE) and Intent to Proceed
01
Obtain the Good Faith Estimate (GFE) from your lender.
02
Review the GFE carefully to understand the loan terms and costs.
03
Fill out the Certification of Receipt form by including your name, date, and signature.
04
Indicate that you have received the GFE by checking the appropriate box.
05
Complete the Intent to Proceed section by indicating your intention to move forward with the loan.
06
Submit the completed Certification of Receipt and Intent to Proceed to your lender.
Who needs Certification of Receipt of Good Faith Estimate (GFE) and Intent to Proceed?
01
Borrowers who are applying for a mortgage or a loan need the Certification of Receipt of Good Faith Estimate (GFE) and Intent to Proceed.
02
Lenders require this certification to confirm that the borrower has received the GFE and agrees to move forward with the loan process.
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What is Certification of Receipt of Good Faith Estimate (GFE) and Intent to Proceed?
The Certification of Receipt of Good Faith Estimate (GFE) and Intent to Proceed is a document that acknowledges that a borrower has received a Good Faith Estimate of loan terms and costs, and that they agree to proceed with the loan application process.
Who is required to file Certification of Receipt of Good Faith Estimate (GFE) and Intent to Proceed?
Lenders are required to provide the Certification of Receipt of Good Faith Estimate and obtain a signed acknowledgment from the borrower before moving forward with the loan process.
How to fill out Certification of Receipt of Good Faith Estimate (GFE) and Intent to Proceed?
To fill out this certification, borrowers must provide their signature and date on the form after reviewing the Good Faith Estimate provided by the lender.
What is the purpose of Certification of Receipt of Good Faith Estimate (GFE) and Intent to Proceed?
The purpose of this certification is to ensure that borrowers are informed about the loan terms and fees and to formalize their intent to proceed with the loan application after understanding those terms.
What information must be reported on Certification of Receipt of Good Faith Estimate (GFE) and Intent to Proceed?
The document must include the borrower's name, the date of receipt, a statement confirming receipt of the Good Faith Estimate, and the borrower's intent to proceed with the loan application.
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