| We know that people don’t like surprises at closing, especially if it means paying more money. Green Valley Mortgage helps alleviate those fears by offering our “Good Faith Guarantee.” On mortgage loans closed with Green Valley Mortgage, we guarantee that the fixed portion of those costs will not be more than stated on our signed Good Faith Estimate*. If so, the difference will be reimbursed to the client. *Your fixed costs will be as quoted or lower taking into consideration the following restrictions:
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The costs are based on standard fees and charges pertaining to the financing of the loan. It does not cover unrelated charges that are not disclosed to us upon application. Examples of unrelated charges are: builders’ closing costs, Title Charges, Homeowners Association fees. Any additional attorney, inspection or miscellaneous fees that a client chooses to incur are not included. |
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Escrow items such as insurance and real estate taxes vary. We will do our best to estimate the average costs of these items. Actual figures will be disclosed prior to closing. |
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If a client chooses to change a loan program before closing for any reason or we change it with his or her consent, we may have to revise the estimated closing costs. Once we issue a new Good Faith Estimate for the new loan program, the revised estimate will carry our guarantee as well. |
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| Our “Good Faith Guarantee” is just one more way Green Valley Mortgage delivers world-class service to our clients. |
