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Should You Have Faith In A Good Faith Estimate?

I was speaking with a client yesterday who was thoroughly confused by the good faith estimates he received from three different mortgage companies for his refinance. He and his better half are dream candidates for a loan officer. They each have great jobs, better than average credit and are highly educated. If I was still originating mortgages I’d be salivating over them. Anyway, I looked over the good faith estimates and admittedly I was also confused although I thoroughly understand the process.

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