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6 Lender Company Name 2.3 Street Address, City, State, ZIP Save this Loan Estimate to compare with your Closing Disclosure. Loan Estimate 0.1 DATE ISSUED 1.1 APPLICANTS Anywhere Street Anytown, ST PROPERTY 1.6 Anytown, ST SALE PRICE / EST. PROP VALUE 1.7 LOAN TERM 3.1 PURPOSE 3.2 PRODUCT 3.3 LOAN TYPE Conventional FHA VA 3.4 LOAN ID # 3.5 RATE LOCK NO YES, until MM/DD/YYYY at T:TT x.m.xdt 3.7 Before closing, your interest rate, points, and lender credits can change unless you lock the interest rate. All other estimated closing costs expire on MM/DD/YYYY at T:TT x.m.xdt Loan Terms Can this amount increase after closing? (Complete if yes) 4.0 Loan Amount NO/YES Can go as high as $ Can increase until year # Interest Rate NO/YES Adjusts every # years starting in year # Can go as high as % in year # See AIR Table on page 2 for details Period Principal & Interest NO/YES Adjusts every # years starting in year # Can go as high as $ in year # See Projected Payments below for your Includes only interest and no principal until year # Estimated Total Monthly Payment See AP Table on page 2 for details Does the loan have these features? (Complete if yes) Prepayment Penalty 4.4 NO/YES As high as $ if you pay off the loan within the first # years Balloon Payment 4.5 NO/YES You will have to pay $ at the end of year # Projected Payments n = period number 5.0 Payment Calculation 5.1 Years 1-n Years n-n Years n-n Years n-n Principal & Interest 5.2 $ min $ min $ min $ min $ max $ max $ max $ max only interest Mortgage Insurance $ $ or $ or $ or Estimated Escrow $ $ $ $ Amount can increase over time Estimated Total 5.5 $ min $ min $ min $ min Period Payment $ max $ max $ max $ max This estimate includes In escrow? Property Taxes NO/YES Estimated Taxes, Insurance & Assessments 5.6 $ Homeowner s Insurance NO/YES Amount can increase over time a period Other: and additional costs NO/YES/SOME See page 4 for details See Section G on page 2 for escrowed property costs. You must pay for other property costs separately. Costs at Closing 6.0 Estimated Closing Costs 6.1 $ Includes $ in Loan Costs $ in Other Costs $ in Lender Credits See page 2 for details. Estimated Cash to Close 6.2 $ Includes Closing Costs. See Calculating Cash to Close on page 2 for details. From To Borrower Visit for general information and tools. LOAN ESTIMATE 0.1 PAGE 1 OF 3 LOAN ID #

7 Closing Cost Details Loan Costs A. Origination Charges $ n.nn% of Loan Amount (Points) $ $ Other Costs E. Taxes and Other Government Fees $ Recording Fees and Other Taxes $ Transfer Taxes $ F. Prepaids $ Homeowner s Insurance Premium (# months) $ Mortgage Insurance Premium (# months) $ Prepaid Interest ($ per day for # %) $ Property Taxes (# months) $ $ B. Services You Cannot Shop For $ $ G. Initial Escrow Payment at Closing $ Homeowner s Insurance ($ per month for # mo.) $ Mortgage Insurance ($ per month for # mo.) $ Property Taxes ($ per month for # mo.) $ $ H. Other $ $ I. TOTAL OTHER COSTS (E + F + G + H) $ C. Services You Can Shop For $ $ D. TOTAL LOAN COSTS (A + B + C) $ Adjustable Payment (AP) Table 19.0 Interest Only Payments? NO/YES 19.1 for your first # payments Optional Payments? NO/YES 19.2 for your first # payments Step Payments? NO/YES 19.3 for your first # payments Seasonal Payments? NO/YES 19.4 from mo. to mo. each year Period 19.5 Principal and Interest Payments First Change/Amount $ Min - $ Max at # payment 19.6 Subsequent Changes Every # years 19.7 Maximum Payment $ starting at # payment J. TOTAL CLOSING COSTS $ D + I $ Lender Credits $ Calculating Cash to Close (Alternative) 10.0 Loan Amount $ or Total Closing Costs (J) $ or Estimated Total Payoffs and Payments $ or Closing Costs Financed (Paid from your Loan Amount) 10.3 $ or Down Payment/Funds from Borrower $ or Deposit 10.5 $ or Funds for Borrower 10.6 $ or Seller Credits 10.7 $ or Adjustments and Other Credits 10.8 $ or Estimated Cash to Close 10.9 From To Borrower $ or Estimated Closing Costs Financed (Paid from your Loan Amount) $ or Adjustable Interest Rate (AIR) Table 20.0 Index + Margin (or) Index Name + % 20.1 Interest Rate Adjustments (Step rate) # of Adjustments Initial Interest Rate % 20.2 Minimum/Maximum Interest Rate % Min / % Max 20.3 Change Frequency First Change Beginning of # month 20.4 Subsequent Changes Every # month after first change 20.5 Limits on Interest Rate Changes First Change % 20.6 Subsequent Changes % 20.7 LOAN ESTIMATE 0.1 PAGE 2 OF 3 LOAN ID #

8 Additional Information About This Loan LENDER NMLS/ StateCode LICENSE ID / LOAN OFFICER NMLS/ StateCode LICENSE ID / PHONE MORTGAGE BROKER NMLS/ StateCode LICENSE ID / LOAN OFFICER NMLS/ StateCode LICENSE ID / PHONE Comparisons Use these measures to compare this loan with other loans In 5 Years $ 21.6 Total you will have paid in principal, interest, mortgage insurance, and loan costs. $ 21.7 Principal you will have paid off. Annual Percentage Rate (APR) % 21.4 Your costs over the loan term expressed as a rate. This is not your interest rate. Total Interest Percentage (TIP) % 21.5 The total amount of interest that you will pay over the loan term as a percentage of your loan amount. Other Considerations 17.0 / 26.0 Appraisal 26.1 We may order an appraisal to determine the property s value and charge you for this appraisal. We will promptly give you a copy of any appraisal, even if your loan does not close. You can pay for an additional appraisal for your own use at your own cost. Assumption 17.1 If you sell or transfer this property to another person, your lender, we will allow, under certain conditions, this person to assume this loan on the original terms. will not allow assumption of this loan on the original terms. Homeowner s Insurance This loan requires homeowner s insurance on the property, which you may obtain from a company of your choice that we find acceptable. Late Payment 17.3 If your payment is more than # days late, your lender will charge a late fee of $ OR % of. Liability after Foreclosure Taking this loan could end any state law protection you may currently have against liability for unpaid debt if your lender forecloses on your home. If you lose this protection, you may have to pay any debt remaining even after foreclosure. You may want to consult a lawyer for more information. Loan Acceptance 26.2 You do not have to accept this loan because you have received this form or signed a loan application. Refinance Refinancing this loan will depend on your future financial situation, the property value, and market conditions. You may not be able to refinance this loan. Servicing 26.3 We intend to service your loan. If so, you will make your payments to us. to transfer servicing of your loan. Confirm Receipt 24.0 By signing, you are only confirming that you have received this form. You do not have to accept this loan because you have signed or received this form. Applicant Signature Date 24.2 Co-Applicant Signature Date 24.2 LOAN ESTIMATE 0.1 PAGE 3 OF 3 LOAN ID #

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