As of August 2015, the Loan Estimate (LE) disclosure replaces the current GFE and the Initial TIL for most mortgage loans as a part of the CFPB’s initiative to increase consumer understanding and ...
Dear Ali: I'm a Realtor and I've heard that Good Faith Estimate forms are changing -- how do I teach my clients to read the new form? A: The Good Faith Estimate Form (sometimes simply called the GFE) ...
What Is a Loan Estimate? Formerly known as a “Good Faith Estimate,” this form was updated in 2015 to be more useful and easy to read. Now known as a loan estimate, this document tells you everything ...