In a loan application, the lender is required to provide the borrower or the loan applicant a Servicing Disclosure Statement together with the Good Faith Estimate. The Servicing Disclosure Statement discloses whether the lender intends to service the loan or transfer it to another lender while it is still outstanding; while the Good Faith Estimate is the document that shows the breakdown of payments due upon closure of a mortgage loan. These two documents must be given to the borrower at the time of application within three days.