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 ...

What Is a Loan Estimate? Formerly known as a “Good Faith Estimate,” this form was updated in 2015 to be more useful and easy to read. Now known as a loan estimate, this document tells you everything ...

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 ...

The Consumer Financial Protection Bureau wants mortgage disclosure forms to be short, simple and in plain English. The proposed “Know Before You Owe” forms unveiled this week summarize the costs and ...

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 ...

You’ve found a home, settled on a price with the seller and secured a mortgage loan. Yet, as you approach the closing, you’re concerned about mounting expenses and those pesky closing costs. The ...