HUD's FAQs - If Circumstances Change, May a Loan Originator Issue a Revised GFE With Changes to All of the Charges and Terms Related to the Loan?

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Q: If circumstances change, may a loan originator issue a revised GFE with changes to all of the charges and terms related to the loan?

A: No, the loan originator may only change those charges and terms that are affected by the specific changed circumstance.

This can be found in GFE-Changed Circumstances – FAQ #5 of HUD’s FAQs.  HUD’s FAQs can be found at http://www.hud.gov/offices/hsg/rmra/res/respa_hm.cfm.

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