Alender estimates the closing costs on a home loan will be 3.75% of the loan amount of $120,000. the actual closing costs are listed below. evaluate the lender’s good faith estimate. a. the lender made an excellent estimate; it was equal to the actual closing costs. b. the lender made a very good estimate; it was within 0.25% of the actual closing costs. c. the lender made a fairly good estimate; it was between 0.25% and 0.5% of the actual closing costs. d. the lender made a poor estimate; it was off by more than 0.5% of the actual closing costs.