Description
Last Update: Jan. 2018
Reviewed: Dec. 2018
(Reviewed for updates, but no changes were made.)
This course provides timing requirements for the Good Faith Estimate form and HUD-1 statement for banks that make the types of loans requiring a GFE or HUD-1.
After completing this course, students will be able to:
• Describe the Good Faith Estimate (GFE) and when it must be used
• Describe the HUD-1 and when it is required