HUD's FAQs - Is a GFE a Loan Commitment?

Compliance > Regulation X - RESPA > GFE and HUD-1 > HUD's FAQs
Q: Is a GFE a loan commitment?

A: No, the GFE is not a loan commitment. A GFE is an estimate of settlement charges a borrower is likely to incur to obtain a specific loan.

This can be found in GFE-General – FAQ #9 of HUD’s FAQs.  HUD’s FAQs can be found at

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