By now we’re all familiar with how the home-buying process changed dramatically on October 3, when the Consumer Financial Protection Bureau did away with the Good Faith Estimate and Truth-in-
Lending documents. In its place, potential home buyers now receive a much simpler form called the Loan Estimate.
Those changes level the playing field for home buyers. Is there an adjustment period? Absolutely.
This guide offers you, as a real estate sales professional, ways to better prepare your clients for dealing
with sweeping changes in the homebuying industry.
Article Featured in the November issue of Hampton Roads REALTOR®magazine.