If it were though a revised TIL would need to be given right,but not GFE?
I see in RESPA where it talks about what changed circumstances do not include, but I don't really understand what it is saying (unless the information changes or is found to be inaccurate after the GFE has been provided)? Wouldn't the changed amount make it inaccurate? i appreciate your thoughts.
(2) Changed circumstances do not include:
(i) The borrower's name, the borrower's monthly income, the property address, an estimate of the value of the property, the mortgage loan amount sought, and any information contained in any credit report obtained by the loan originator prior to providing the GFE, unless the information changes or is found to be inaccurate after the GFE has been provided; or
(ii) Market price fluctuations by themselves.