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This document provides a Good Faith Estimate of potential charges for dental services when a patient is seen at Promise Healthcare. It includes the estimated fees for various dental procedures and services, a disclaimer about the estimate\'s accuracy, and information on dispute resolution if billed amounts exceed the estimate.
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How to fill out good faith estimate
How to fill out good faith estimate
01
Obtain the GFE form from your lender.
02
Fill in your personal information including name, address, and contact details.
03
Specify the property address for the loan.
04
Indicate the loan amount you are requesting.
05
Provide details about the type of loan (fixed-rate, adjustable-rate, etc.).
06
List the interest rate offered by the lender.
07
Populate the estimated closing costs, including origination charges, title insurance, and other fees.
08
Review the estimated monthly payment and any prepayment penalties.
09
Ensure all information is accurate and clear.
10
Submit the completed GFE to your lender for review.
Who needs good faith estimate?
01
Individuals applying for a mortgage loan.
02
Homebuyers who want to understand their loan costs.
03
Real estate agents assisting clients in the home buying process.
04
Lenders and financial institutions preparing loan estimates.
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What is good faith estimate?
A good faith estimate is a document that outlines the approximate costs and terms associated with a mortgage loan, provided by the lender to the borrower.
Who is required to file good faith estimate?
Lenders and mortgage brokers are required to provide a good faith estimate when a borrower applies for a mortgage loan.
How to fill out good faith estimate?
To fill out a good faith estimate, the lender must gather relevant information regarding the loan amount, interest rate, fees, and other costs associated with the mortgage, then present it in a clear and itemized format.
What is the purpose of good faith estimate?
The purpose of a good faith estimate is to give borrowers a clear understanding of the expected costs involved in obtaining a mortgage, allowing them to compare loan offers from different lenders.
What information must be reported on good faith estimate?
A good faith estimate must report information such as the loan amount, interest rate, estimated monthly payments, closing costs, and any other fees associated with the loan.
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