Loan Estimate Explainer
A Loan Estimate tells you important details about a mortgage loan you have requested. Use this tool to review your Loan Estimate to make sure it reflects what you discussed with the lender. If something looks different from what you expected, ask why. Request multiple Loan Estimates from different lenders so you can compare and choose the loan that's right for you.
How to use the tool to review your Loan Estimate: Below you'll see the actions you should take to review your Loan Estimate and some handy definitions to know when you do.
The sample Loan Estimate shows you where you'll find information on your own form. When you select any of the items on the Loan Estimate, the tool highlights the information on the image and also highlights the explanation. You can download the sample Loan Estimate if you'd like to print it or just get a better look.