The Loan Estimate is a three-page form that provides important details about a mortgage loan requested by a borrower, including estimated interest rate, monthly payment, and total closing costs. Lenders must provide this within three business days of receiving a loan application.
Extractable Data Fields
Below is a table listing the key data fields that Vaultedge can extract from the Loan Estimate form.
Field Name | Include in Project | Field Type |
---|---|---|
Date Issued | Yes | date |
Borrower Name | Yes | text |
Property Address | Yes | text |
Sale Price | Yes | amount |
Loan Term | Yes | text |
Loan Purpose | Yes | text |
Product Type | Yes | text |
Loan Number | Yes | text |
Loan Amount | Yes | amount |
Interest Rate | Yes | text |
Principal And Interest | Yes | text |
Estimated Total Monthly Payment | Yes | amount |
Estimated Closing Costs | Yes | amount |
Estimated Cash To Close | Yes | amount |
Origination Charges | Yes | amount |
Loan Amount Points | Yes | amount |
Underwriting Fee | Yes | amount |
Services You Can't Shop For | Yes | amount |
Appraisal Fee | Yes | amount |
Services You Can Shop For | Yes | amount |
Title Lend Title Policy | Yes | amount |
Title Sett Agent Fee | Yes | amount |
Title Insurance Binder | Yes | amount |
Title Title Search | Yes | amount |
Total Loan Cost | Yes | amount |
Taxes And Other Govt Fee | Yes | amount |
Recording Fee Other Taxes | Yes | amount |
Prepaids | Yes | amount |
Homeowners Ins Premium | Yes | amount |
Application Fee | Yes | amount |
Credit Report Fee | Yes | amount |
Homeowners Insurance | Yes | amount |
Homeowners Insurance1 | Yes | amount |
Interest on Escrow Payment At Closing | Yes | amount |
Mortgage Insurance | Yes | amount |
Mrtg Ins Premium | Yes | amount |
Origination Fee | Yes | amount |
Other | Yes | amount |
Property Taxes | Yes | amount |
Property Taxes1 | Yes | amount |
Survey Fee | Yes | amount |
Total Closing Cost | Yes | amount |
Transfer Taxes | Yes | amount |
Lender Name | Yes | text |
Lender Nmls ID | Yes | text |
Lender Loan Officer Name | Yes | text |
Lender Loan Officer ID | Yes | text |
Yes | text | |
Phone | Yes | number |
Mortgage Broker Name | Yes | text |
Mortgage Broker Nmls ID | Yes | text |
Mrtg Broker Loan Officer | Yes | text |
Mrtg Broker Loanoff NMLS | Yes | text |
Annual Percentage Rate | Yes | text |
Total Interest Percentage | yes | text |
Grace Days | Yes | number |
Late Payment Factor | Yes | text |