Good Faith Estimate Calculator

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Download this Good Faith Estimate of closing costs form, or GFE.

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A good faith estimate, referred to as a GFE, must be provided by a mortgage lender or broker in the United States to a customer, as required by the Real Estate Settlement Procedures Act (RESPA).

While estimates, you can adjust these factors based upon any good faith estimate. Additionally, this FHA mortgage calculator can also be used for conventional loan closing cost factoring as well. Have questions? Use our quick quote to get a fast quote in no time at all.

GFE Broker Expanded 07/05 ~ EncompassTM from Ellie Mae ~ www.elliemae.com Good Faith Estimate (Not a LoanCommitment) Date: This Good FaithEstimate is being provided by a Mortgage Broker, and no lender has yet been obtained.

A good faith estimate is a standardized form that has a long list of the terms of your loan, specifically the fees due at closing. While different GFEs from different lenders will have some minor aesthetic differences, the contents should all be the same because the good faith estimate rules apply to all lenders.

This GFE Calculator is only to be used for standard purchase, refinance, and subdivided 1 – 4 family residential property. Please call your sales representative at the number above if your transaction involves commercial property, construction, construction-to-perm, or a hold-open policy.