Good Faith Estimate and HUD-1
Course Number: BLR1
Course Code: ABA
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
Audience: Bank personnel involved in the lending process who still need the GFE and HUD-1 for certain types of loans.