 We hate issues arising during escrow. While every issue can’t always be avoided, we feel many can. Here is how we eliminate last minute confusion and surprises with the GFE form......... There is no denying that the most recent government-mandated GFE form is confusing. It doesn't make sense to home buyers; and frankly it doesn't make sense to most of us in the industry. We believe clients should be well informed about the financial implications of their purchase before entering escrow. Because of this, we created a Loan Summary Form that clearly educates clients on the three most important financial factors with their home purchase:
Prior to pre-approving clients, we use this form to educate prospective homebuyers on the financial implications of their upcoming home purchase. This includes educating them on different variables that affect the financials, such as varying property tax rates and HOA dues. This form also allows us to customize in any way imaginable such as different loan types, down payment amounts, seller credits, lender-paid mortgage insurance programs, etc. With our Loan Summary Form, you can be sure your clients are very clear on the numbers! No more trying to discern the confusing GFE form. We explain the numbers; and then the numbers are no surprise at closing. Click here to see a sample of our Loan Summary Form.  HOW YOU CAN USE THIS: As tax preparers, we are very diligent with numbers. We like things to make sense; and we want them to make sense for you and your clients. Contact us any time we can help one of your clients understand the financials for their home purchase...we’re here to help! ** Also, we are more than happy to have you join us for a Loan Consultation with one of your clients. This will allow you to see our Loan Summary Form in action! Comments are closed.
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