GFE Changed Circumstance Checklist

The RESPA rules are confusing, and inaccurate cost estimates can be expensive in more ways than one. The chant in many loan departments is "document, document, document" and that is what this form from Bridget Castle (BOL user bcastle) does. The form may be used by your institution in order to document a changed circumstance.You can require that a copy of the form be included in the loan file to assist the bank for audit purposes and to ensure that loan processors understand that a changed circumstances is a defined event and not arbitrary.