Loan Estimate
Disclaimer: This website provides general mortgage and financial information for educational purposes only. It does not constitute financial, legal, or mortgage advice. Housentia is not a licensed mortgage broker, lender, or loan originator.
This content is provided for general educational purposes only and does not constitute financial or mortgage advice.
Definition
A standardized form lenders must provide within three business days of receiving a mortgage application, showing estimated terms and costs.
Explanation
The Loan Estimate lets you compare offers from different lenders. It is not a commitment; actual terms may change.