The best snap judgments come from people whose decisions are based on impulsive decisions.
<h3>What is a Snap Judgment?</h3>
This refers to the impulsive decisions that a person makes and sometimes they are also made when ample information is available to them.
Hence, we can see that when making a snap decision, it is important to make a quick overview of the information available, before making the decision.
Read more about impulsive decisions here:
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No Meeks or Gadies have hands and no legs.
Answer:
The loan estimate is standardized, and lists services you are allowed to shop for. You may not be able to shop for an appraisal fee or a credit report fee, but be able to shop for a land survey and title insurance. Lenders will vary in their requirements.
Explanation:
The Good Faith Estimate (GFE) was designed to encourage consumers to shop and then compare fees from various lenders before choosing a mortgage provider. Its original purpose was to help consumers understand what services they could shop for—so they not only received the lowest interest rate and best terms but saved significantly on closing costs as well.