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How to read and compare mortgage loan estimates
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 ...
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 ...
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