Tour the Loan Estimate form for mortgages

1

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation for

Which bank should I choose?

Get personalized bank recommendations in 3 easy steps.

When you apply for a mortgage, the lender is required to give you a document called a Loan Estimate.

This slideshow gives a brief tour of the Loan Estimate and shows where you can find the answers to such questions as:

  • How much will my monthly payments be?
  • How much are the closing costs?
  • How big a check will I have to write at the closing table?
  • I’m comparing 2 or more Loan Estimates. Which is the better or best deal?

And that’s not all. Let’s begin.

Loan Estimate Guide