What is a Loan Estimate?
A Loan Estimate provides a breakdown of the Loan Terms and closing costs a Loan Officer, Mortgage Broker, Credit Union, Bank or Lender is offering you. This form replaced what many knew as the “Good Faith Estimate” (GFE) on October 3rd, 2015.
To provide Unbiased & Accurate Loan Estimate information, we will be routing you to the Consumer Financial Protection Bureau’s “Loan Estimate Explainer” website. Please follow the link below and feel free to return to our website once you have a better understanding of the Loan Estimate.