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Loan Estimate [LE]

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Loan Estimate is a three-page standardized document that borrowers receive after applying for a mortgage. The Loan Estimate informs borrowers important details and estimated costs associated with their loan. Loan estimate includes information regarding the estimated monthly payment, interest rate, and itemized estimated closing costs for the loan.

See sample loan estimate below:

Visit Consumer Financial Protection Bureau's Loan Estimate Explainer resource to learn more.

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