What information do I have to provide a lender in order to receive a Loan Estimate?

The Loan Estimate is a new form that goes into effect on October 3, 2015.

Beginning October 3, 2015, loan officers are required to provide you with a Loan Estimate once you have provided:

  • your name,
  • your income,
  • your Social Security number (so the lender can pull a credit report),
  • the property address,
  • an estimate of the value of the property, and
  • the desired loan amount.

Your loan officer cannot require you to provide documents verifying this information before providing you with a Loan Estimate.  

You can choose to give more information. The more information you can provide the loan officer about your financial situation, such as debts and nonwage income sources, the more accurate the information on your Loan Estimate is likely to be. Your Loan Estimate will also be more useful for you if you tell the loan officer what kind of loan you are interested in. You may want to let your loan officer know whether you are interested in: 

See a sample Loan Estimate form with interactive tips and definitions.

Was this page helpful to you?

Note: Do not include sensitive information like your name, contact information, account number, or social security number in this field.

The content on this page provides general consumer information. It is not legal advice or regulatory guidance. The CFPB updates this information periodically. This information may include links or references to third-party resources or content. We do not endorse the third-party or guarantee the accuracy of this third-party information. There may be other resources that also serve your needs.

Read full answer Hide full answer