On February 23rd at 6:30pm, Jeff St. Laurent will be hosting one of his most impactful seminars to date.

Most people never finish what they start… and what is worse than that, of the people who do “finish,” most never give everything they have and are left with an empty feeling inside.

The lessons and strategies you will learn in this seminar come from a trialing journey Jeff experienced as a competitive athlete last year.

If you want to learn how to set yourself up for success, create true clarity on how you can move forward and create massive action…

Click here to learn more and register

These most recent FAQs offer additional guidance on the following issues:

• A loan originator can require the use of a particular provider of flood certification and tax service as long as that provider is not affiliated with the lender;
• Pages cannot be added to the GFE but it may be printed on legal size paper and the shading and margins can be changed;
• How to deal with the situation when an FHA approved loan correspondent closes a loan in its name that is not table funded by its sponsor;
• What items can change when a new GFE has been issued and the interest rate has not been locked;
• Clarification of some of the requirements when mortgage brokers and lenders interact;
• What items can change when a revised GFE is issued and the borrower has previously locked the interest rate;
• Lenders may not require a borrower to sign consents to verify employment, income or deposits prior to issuing a GFE;
• Verification documents can be requested after a GFE has been issued;
• Lender can indicate that although it has identified certain providers of settlement services these identifications do not constitute an endorsement;
• When a new GFE has been issued borrowers are not required to re-indicate an intent to proceed;
• An escrow waiver fee is a type of loan level price adjustment and may be part of the calculation of Block 2 on the GFE;
• The Y.S.P. payment cannot be shown on the HUD-1 as POC;
• If a lender requires a condominium certificate and questionnaire for loans on condos, that charge should be listed on Block 3;
• Charges that are part of the sales contract, but are not required by the lender, are not disclosed on the GFE;
• The fee paid by the seller for the preparation of deeds or closing charges should be disclosed in a blank line of the 1100 series in the seller’s column; and
• If an appraisal is subcontracted by Company A to Company B, then Company A’s name should be identified on Line 804.