Source for GFE Amounts
Values in the "GFE Amount" entry fields should reflect the fees/charges that were disclosed in the last GFE provided to the borrower(s). If you do not want to manually enter the GFE Amounts, you may pull values from any one of the three sources described below:
- Previously processed Predisclosure/Pre-Closing Package - Amounts from the "Charge Amt"
column of the last processed predisclosure or pre-closing package, whichever package was processed
later, for this same worksheet will be loaded into the "GFE Amount" entry fields. This is the
recommended source as values entered in the "Charge Amt" column for either the Predisclosure
or Pre-Closing package were used to complete the GFE.
- Current Worksheet Values - Amounts from the "Charge Amt" column in this same worksheet
will be copied to the corresponding fields in the "GFE Amt" column. In other words, the
"GFE Amount" entry fields will match exactly the entry fields in the "Charge Amt" column.
Note that selecting this option will result in the values in the "GFE" and "HUD-1" columns
of the comparison tables on page 3 of the HUD-1 being identical unless you modify the values
in the "Charge Amt" column to reflect actual settlement costs and fees after selecting this option.
- An alternate Worksheet file - Amounts from the "Charge Amt" column in another worksheet will copied into the "GFE Amount" entry fields. Simply specify the client I.D. and the worksheet file to use.
Press the clear GFE amounts button below to instantly clear ALL GFE amount fields.