How many pages does the Loan Estimate have?

The Loan Estimate is a standardized form that is provided to borrowers within three business days of receiving a loan application. It is designed to give borrowers a clear and concise overview of the loan terms, estimated monthly payments, and the total costs of the mortgage. The form has been standardized by the Consumer Financial Protection Bureau (CFPB) and contains three pages.

This structure allows borrowers to compare the loan details between different mortgage offers easily. The first page highlights important information such as loan terms and projected payments, the second page provides a breakdown of the estimated closing costs, and the third page outlines additional information about the loan and important notices. The three-page format ensures that all key areas are addressed, while remaining compact enough for readers to digest the necessary information without feeling overwhelmed.