Answer:
A lender estimates the closing costs on a home loan will be 3% of the loan amount of $180,000. The actual closing costs are listed below.
Closing Cost
Charge
Loan origination
$345
Title insurance
$600
Attorney's fees
$1,350
Appraisal
Inspectio$55Recording fee$175
Escro$1,900
Evaluate the lender's good faith estimate.
a.
The lender made an excellent estimate; it was equal to the actual closing costs.
The lender made a very good estimate; it was within 0.25% aal closing costs
D
Step-by-step explanation:
