3.90- What Party is required to provide the Loan Estimate?
We should firstly establish that the Loan Estimate is a document that was granted legal effect since October 3, 2015 and replaced the Good Faith Estimate GFE. This form encompasses payments that are due every month, the loan’s overall closing costs and the interest rate (estimated amount). The latter statement shows how this document is worthy of attention. Now to answer the pending question, the lender is in charge of providing the Loan Estimate.