What is a good faith?

Discussion in 'Credit Talk' started by creditone, May 1, 2003.

  1. creditone

    creditone Member

    What is a good faith est? Can I loose my money to the mortgage company at this point if my loan is denied?
     
  2. lakpr

    lakpr Well-Known Member

    Are you talking about the application fees? Yes you will lose it. So is with the money for title search, credit report fee and some miscellaneous fees.

    But if you put in some money towards down payment on the house, you will get it back due to being denied for a mortgage.
     

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