Thursday, February 1, 2007
COMPARE INTEREST RATES AND "GOOD FAITH ESTIMATES"
There's more to shopping for the best deal than just comparing interest rates. Each lender provides a "Good Faith Estimate" disclosing costs associated with the transaction. Ask for this disclosure before choosing your lender. You need it to make a fair comparison.The costs disclosed on the "Good Faith Estimate" are basically divided into 3 categories:Actual lender
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