In a transaction that will involve 80/20 purchase money loans, how many GFEs must be provided to the borrower?
a. The borrower must receive 2 GFEs for the 80% loan and the 20% loan separately.
b. The borrower must receive 1 GFE for the overall transaction, combining the 80% and 20% loans.
c. The borrower must receive 3 GFEs, one for the overall transaction and one for each individual loan.
d. The borrower must receive 4 GFEs, one for the overall transaction and one for each individual loan, including the 80% and 20% loans separately.
