Good Faith Estimate (GFE)

z), ry ' Good Faith Estimate (GFE) ill Name of Originator Fifth Third Mortgage Company Joann Brow Originator 5001 Kingsley DR .%ddres% MD: 1MOCBCt Cincinnati, OH 45227 Originator Phone Number MIMI Originator I:mail ,i oann . r Purpose norroucr Properly Address OMB Approval No 2502-0265 Shopping for your loan Date of GF lc October 03, 2014 This GEE gives you an estimate of your settlement charges and loan tams if you are approved for this loan. For more information, see HUD's Special Information Booklet on settlement charges, your Truth-in-Lending Disclosures, and other consumer informational WNWhtd.gov/respa. If you decide you would like to proceed with this loan, contact us. Only you can shop for the best loan for you. Compare this GEE with other loan offers, so you can fed the best loan. Use the shopping chart on page 3 to compare all the offers you receive. Important I. The interest rate for this GEE is available through 12/07/2014 . After this time, the interest dates rate, some of your loan Origination Charges, and the monthly payment shown below can change until you lock your interest rate. Summary of your loan Escrow account information Summary of your settlement charges 2. This estimate for all other settlement charges is available through 10/21/2014 3. After you lock your interest rate, you must go to settlement within Cl days (your rate lock period) to receive the locked interest rate. 4. You must lock the interest rate at least 01 days before settlement Your initial loan amount is Your loan term is Your initial interest rate is Your initial monthly amount owed for principal, interest. and any mortgage insurance is Can your interest rate rise? Even if you make payments on time, can your loan balance rise? Even if you make payments on time, can you monthly amount owed for principal, interest, and any mortgage insurance rise? Does your loan have a prepayment penalty? Does your loan have a balloon payment? $ 325,000.00 15 years 3.000 % S 2,244.39 per month III No O Yes, it can rise to a maximum of %. The first change will be in . II No il Yes, it can rise to a maximinn of S No Yes, the first increase can be in and the monthly amount owed can rise to S . The maximum it can ever rise to is 3 M No El- Yes, your maximum prepayment penalty is $ M No O Yes, you have a balloon payment of S due in years. Some lenders require an escrow account to hold funds for paying property taxes or other property-related charges in addition to your monthly amount owed of S Do we require you to have an escrow account for your loan? Ill No, you do not have an escrow account. You must pay these charges directly when due. 0 Yes, you have an escrow account. It may or may not cover all of these charges. Ask us. 2,244.39 U A Your Adjusted Origination Charges (See page 2.) Your Charges for All Other Settlement Services (See page 2.) B Total Estimated Settlement Charges 660.15 2,723.48 3,383.63 420881321 Good Faith SSW* (MUDGFE1 VMP 0 Waters Kluwer Anna Unica 420381321 11/1708 Pan 1 of 3 VMP118F (1003)02 !29147010420361321! CONFIDENTIAL SDNY_GM_00030796 EFTA_00141409 EFTA01279964 ---PAGE BREAK--- Understanding your estimated settlement charges Some of these charges can change at settlement. See the top of page 3 for more information. Your Adjusted Origination Charges I. Our origination charge This charge is for getting this loan for vou. 2. Your credit or charge (points) for the specific interest rate chosen • The credit or charge for the interest rate of 3.000 % is included in *Our origination charge.' (Sit item I above.) O You receive a credit of S for this interest rate of This credit reduces your settlement charges. O You pay a charge of S 0.00 for this interest rate of This charge (points) increases your total settlement charges. The tradeoff table on page 3 shows that you can change your total settlement charges by choosing a different interest rate for this loan. fl Your Adjusted Origination Charges 660.15 0.00 660.15 Your Charges for All Other Settlement Services 3. Required senices that we select These charges arc for services we require to complete your settlement We will choose the providers of these services. Service Charge Service Charge 920.81 Appraisal Fee 400.00 Credit Report 4.81 Tax Service Fee 72.00 Flood Certification Fee 4.00 Appraisal Mgr Co Fee 140.00 Condo Certification Fee 300.00 4. Tide services and lender's title insurance This charge includes the services of a title or settlement agent, for example. and insurance to protect the laider, if required. title 1,327.50 5. Owner's title insurance You may purchase an owner's title insurance policy to protect your interest in the property. N/A 6. Required services that you can shop for These charges are for other services that are required to complete your settlement. identify providers of these services or you can shop for than yourself Our estimates providing these services are below. Service Charge Service We can for Charge 0.00 7. Government recording charges These charges arc for state and local fees to record your loan and title documents. 96.00 8. Transfer taxes The charges are for state and local fees on mortgages and home sales. 0.00 9. Initial deposit This charge is and includes for your escrow account held in an escrow account • all property taxes, to pay future recurring charges on your property • all insurance, and 0 other 0.00 10. Daily interest charges This charge is for the daily interest on your loan from the day of your settlement until the first day of the next month or the first day of your normal mortgage payment cycle. This 379.17 mown is $27.08 1 er da • for 14 days (if your settlement isi 11/12/14 II. Homeowner's insurance This charge is for the insurance you must buy for the property to protect from a loss, such as fire. Policy Charge Policy Charge 0.00 B Your Charges for All Other Settlement Services FBI Total Estimated Settlement Charges 2,723.48 3,383.63 420381321 Good Faith SSW* (MUD-GFIE1 VMP 0 Wolin Kluwer Fiona Unica ts....011 420381321 11/17108 Page 2 ot 3 Vh1P1184 (1003)02 CONFIDENTIAL SDNY_GM_00030797 EFTA_00141410 EFTA01279965 ---PAGE BREAK--- Instructions This GEE estimates your settlement charges. At your settlement, you will receive a HUD-I. a form that lists your actual costs. Compare the charges on the HUD-1 with the charges on this GFE. Charges can change if you select your own provider and do not use the companies we identify. (See below for details.) Understanding which charges can change at settlement Using the tradeoff table Using the shopping chart These charges cannot increase at settlement • Our origination charge • Your credit or charge (points) for the specific interest rate chosen (after you lock in your Woes; rate) • Your adjusted origination charges (after you lock in )OH interest rate) • Transfer taxes The total of these charges can increase up to 10% at settlement • Required sem that we select • Title services and lender's title insurance Of we select them or you use companies we identift9 • Owner's title insurance (if you use companies we idenuft9 • Required services that you can shop for Wpm use companies we )(knit) • Government recording charges These charges can change at settlement • Required services that you can shop for (if you do not use companies we demi& • Title services and lender's title insurance Of you do not use companies we identify) • Owner's title insurance (thou do nor use companies we identift • Initial deposit for your escrow account • Daily interest charges • Homeowner's insurance In this GEE. we offered you this loan with a particular interest rate and estimated settlemen charges. However: • If you want to choose this same loan with lower settlement charges. then you will hocs a higher Interest rate. • If you want to choose this same loan with a lower Interest rate, dun you will have hither settlement charges. If you would like to choose an available option, you must ask us for a new OFF. Loan originators haws the option to complete this table. !genie ask for &clamant Information if the whi. is no/ completed . The samel•.n crib • . . Tne S3nte Lan witha . er . rat' Your initial loan amount S 325,000.00 Your initial interest rate I 3.000% so Your initial monthly amount owed S 2 244.39 S S Change in the monthly amount owed from this GEE No change You will pay S more cv • month You will pay S less even. month Change in the amount you will pay at settlement with this interest rate No change Your settlement charges will be minced by S Your settlement charges will Increase by S How much your total estimated settlement char es will be S 3,383.63 S S IF°, an adjustable rate loan. the comparisons above are for the initial interest rate before adjustments are made. Use this chart to compare GFEs from different loan originators. Fill in the information b) using a different column for each GFE you receive. By comparing loan offers. you can shop for the bat loan. Loan originator name Joann Brown Initial loan amount S 325,000.00 Loan term 15 years Initial interest rate 3.000 % Initial monthly amount owed S 2,211.39 Rate lock period 60 days Can interest rate rise? NO Can loan balance rise? No Can monthly amount owed rise? No Prepayment penalty^ No Itdlo,m '11. me nr No Total Estimated Settlemi, tt Charges S 3,383.63 If your loan is Sonic lenders may sell your loan after settlement My fees lenders receive in the future cannot change the loan you receive or the sold in the future charges gnu paid al settlement. VM 420381321 Good Faith Stamen (HUO-GFe P 0 Wolin lame human Serena Pap 3 or 420381321 11/17/08 VMP118F (1003)02 CONFIDENTIAL SDNY_GM_00030798 EFTA_0014 I41 I EFTA01279966