Are there any exclusions on the Good Faith Guarantee?
We do have to place some exclusions on the program. These exclusions are related to decisions you may make as the borrower. Here’s what they are, and why they are needed. • Should you choose a third-party lender product such as a government loan (FHA or VA) or a loan through Personal Credit Solutions, the guarantee is not offered since we cannot control their fees. We will work with the lender to ensure that you are provided a fair and accurate Good Faith Estimate. • Should you choose to increase your loan amount from the original request in excess of $10,000, we will not be able to offer the guarantee. Some closing costs, such as title insurance, are based on the loan amount. • Should you choose to purchase borrower title insurance, this item will not be covered in the guarantee. All other closing costs will be guaranteed. • Should you choose to purchase discount point(s) after the initial application, this item will not be covered in the guarantee. All other closing costs will still
