GFEz™ is the Industry’s Most Feature-Rich GFE Rate Calculator for Enhanced Efficiency
GFEz is Advantage Title’s RESPA-compliant Good Faith Estimate online rate calculator that delivers instantly
generated, reliable electronic quotes for title premiums, endorsement, payoff, and recording fees, transfer taxes
and other title and closing related fees for lender and real estate customers nationwide.
January 1, 2010 marked the implementation of Real Estate Settlement Procedures Act (RESPA) reform requiring
lenders to provide residential customers with a new format for Good Faith Estimate (GFE), documentation that
estimates settlement charges and summarizes loan terms for customers. In most situations, title fees must fall within a
tolerance level group that cannot collectively vary more than 10 percent in compliance with this reform.
In light of the recent RESPA regulations, GFEz continues Advantage Title’s demonstrated expertise in delivering
superior online resources for title and escrow services that streamline efficiencies critical to today’s real estate
community.
The extensive list of user-friendly benefits and features include:
- 24/7 online access;
- Nationwide quotes;
- Visibility of all GFE’s created by users or their authorized associates;
- Instantaneous sharing of GFE’s with pertinent parties;
- Ability to automatically order services directly from a quoted GFE;
- Title officers and account managers have instant online access to GFEs relevant to their customers, allowing
for immediate review, improved communication and ability to update on-the-fly as needed;
- Ability to modify GFE drafts anytime prior to its assignment to an in-process transaction. Following finalization,
title officers can modify details in real-time on behalf of customers;
- Integrated property search with up-to-the-minute property information ensures selection of the correct property
during the GFE request process;
- Built-in regional geographical data seamlessly populates unique requirements for items such as transfer taxes;
- Unlimited access to all previously generated GFEs.
GFEz is available now nationwide to lender and real estate customers.
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