3 Compare loan offers

Once you are ready to move forward with your home purchase, it’s time to choose a mortgage loan and a lender. Follow the steps below to get and compare Loan Estimates from different lenders. A Loan Estimate is a standardized form that tells you important details about your loan offer.  Our guide tells you what to look for when comparing your offers and how to negotiate your offer.

Illustration of the home-buying process

Goals for this phase

  • Request Loan Estimates from multiple lenders
  • Compare offers and fine-tune your options
  • Choose a loan offer

Tools for this Phase

Our tool shows you a range of rates you may expect to receive for different loan options.

Explore interest rates

Our interactive sample form helps you double-check the details and get definitions for terms used on the Loan Estimate form.

Loan Estimate explainer

Action steps

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