Buyers: If you are buying a home in the Maryland metro, you'll receive a "Good Faith Estimate" (GFE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's prior experience and is required to be within a reasonable range so you're not stunned when you reach the closing table. We'll be glad to go over the GFE with you, answering your questions and highlighting any estimates of concern.
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