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Alright!, so now that you're pre-approved, it's important that you understand the Good
Faith Estimate. A Good Faith Estimate is a benchmark in regards to the rate and the fees
you're paying for that rate. So once you found a property, that's a good time to request
a Good Faith Estimate that's gonna explain also based off the property taxes, if there's
private mortgage insurance involved and homeowner's insurance, what the total monthly payment
will be, the amount of money needed for the down payment and the total funds to deal with
closing.