Public Access File (PAF)

A Public Access File (PAF) is a record maintained by mortgage lenders that provides transparent information about a home loan. It includes details such as the loan terms, costs, fees, and disclosures made to the borrower. The PAF is meant to ensure borrowers can review key loan information and verify compliance with regulations. Lenders are required to keep this file accessible for a specified period and, in some cases, make it available upon request or online, promoting transparency and accountability in the mortgage process.