Federal rules require lenders to give you standard forms that make mortgage offers easier to compare.
The forms
- Loan Estimate: you get it within three business days of applying; use it to compare lenders
- Closing Disclosure: you get it at least three business days before closing; compare it with your Loan Estimate
- Ask about any differences before you close
See ConsumerFinance.gov for sample forms and explanations. Save More Haven isn't paid by any lender, broker or real estate agent.