Northlawn Financial is required by the Federal Real Estate Settlement Procedures Act (RESPA) to provide you with a Good Faith Estimate consisting of the fees you may incur in conjunction with your loan. This disclosure must be given within 3 days of a applying for a loan. Northlawn's fees typically include, but are not limited to, Application, Processing, and Document Preparation. Other fees, such as Origination, Broker or Discount Fees may apply, depending on the specifics of your loan program. Other Third Party fees (such as Lender, Title, and Recording fees) will also be estimated on the Good Faith Estimate. Prepaid items, which include Prepaid Interest and Escrow Reserves will also be included. All attempts will be made to be as accurate as possible to ensure that your final figures at closing are within reason of your initial estimate. However, please keep in mind, Northlawn can only dictate its own fees and does not control the relationships to the third parties. Therefore, we cannot negotiate or be responsible for their actual costs.
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