Guarantee Price Details
You must provide a complete, system generated Good Faith Estimate, listing the specific lender's name, that is dated the same day as the rate quoted by New West Lending, Inc.. If such Good Faith Estimate indicates an equivalent or lower interest rate and closing costs package for the same loan program that is offered by New West Lending, Inc. and we have verified the accuracy of the rate and fees listed then New West Lending, Inc. will have the option of beating that lender's total loan costs by $100 or paying you $1,000 when you close with that lender and provide us with a copy of the signed Note and Final HUD-1 Settlement Statement.
