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1 Hayden Bridge Way Springfield, OR 97477 Phone: 541.868.9430 Fax: 541.868.9450 www.oregonneurology.comGood Faith Estimate for Health Care Items and Services Patient First NameMiddle Impatient Date
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01
Start by gathering all the necessary information such as loan amount, interest rate, term of the loan, and any additional fees.
02
Fill out the section for the loan terms, including the interest rate, loan type, and any prepayment penalties.
03
Provide an estimate of the closing costs, which may include fees for appraisal, title insurance, and loan origination.
04
Include any escrow payments for property taxes and insurance, if applicable.
05
Review the estimate for accuracy and make any necessary corrections before signing.

Who needs good faith estimate and?

01
Potential homebuyers who are applying for a mortgage loan.
02
Real estate agents and brokers who are assisting clients with the home buying process.
03
Lenders who are required to provide this information to borrowers under the Truth in Lending Act.
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Good Faith Estimate (GFE) is a document provided by a mortgage lender to a borrower outlining the estimated costs associated with obtaining a loan.
Mortgage lenders are required to provide a Good Faith Estimate to potential borrowers.
A Good Faith Estimate is filled out by the mortgage lender and includes information such as loan terms, closing costs, and estimated monthly payment.
The purpose of a Good Faith Estimate is to help borrowers understand the costs associated with obtaining a mortgage loan.
A Good Faith Estimate must include an itemized list of fees and costs associated with the loan, as well as the terms of the loan.
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