Good Faith Estimate ADDENDUM


Good Faith Estimate ADDENDUM


Good Faith Estimate ADDENDUM

DISCLOSURE AND FEE ACKNOWLEDGMENT

I/we understand that as compensation for its services as a mortgage broker, the company may receive a mortgage broker fee from the Lender upon the closing of my loan. The actual amount of the Mortgage Company’s fee is disclosed on the Good Faith Estimate you will receive from the Lender after your loan application is submitted. This is the total compensation lenders will receive from the Lender for its services and is paid by the lender. The Lender includes the fee that the Lender pays to the specified lender in your interest rate, points, fees and terms of the loan.