As mystifying as mortgage shopping may feel, it used to be even more confusing. To help consumers better understand the details included in a mortgage lender's loan offer, loan estimates were ...

For borrowers to receive a clear and detailed guide of all the costs and fees of taking a mortgage, the law requires mortgage companies to provide an estimate of those charges. This was originally ...

A mortgage loan estimate is a standard three-page document detailing the estimated costs, structure and other terms of a loan. Mortgage lenders are required by law to provide borrowers with a loan ...

If you’re in the homebuying process or you’re applying to refinance your mortgage, you’ll come across a document called a loan estimate. Lenders are required to disclose this document after you submit ...