Get a Second Opinion on Your Loan Estimate
If another lender already sent you a Loan Estimate, bring it here for a second opinion. I’ll read your Loan Estimate line by line with you and tell you plainly what you’re looking at.
Every lender has to use the same form, in the same order. That’s the whole point of it. Most people just never learned which lines actually move the number.
Send Me Your Loan Estimate
Fill in the basics below and upload the Loan Estimate you already received. A PDF or a clear photo both work, and I’ll come back to you within 24 hours.
What is a Loan Estimate?
It’s the three-page form a lender has to give you within three business days of taking your application. Page one shows the loan terms. The second page itemizes the costs. Page three sets up the comparisons, including the APR — the annual percentage rate, which folds the lender’s costs into one number so you can measure two offers side by side.
What do I look at on your Loan Estimate?
The parts that change what you actually pay:
- The interest rate, and whether it’s locked. A quoted rate that isn’t locked is a moving target.
- Section A, the lender’s own charges. Origination, underwriting, processing. This is the part a lender controls directly.
- Discount points. If the offer includes them, you’re buying the rate down. That can be a smart move. It should be a decision you made on purpose.
- Services you can shop for. Section C is negotiable, and almost nobody looks at it.
- What’s missing. An estimate built on a low guess for taxes or homeowners insurance looks better on paper, and reality catches up later.
Insurance is the one I see underestimated most on the Grand Strand. Wind and hail coverage and flood zone questions move the escrow figure more than people expect, so I’d rather you get a real quote early from Integrated Insurance Solutions than carry a placeholder into underwriting.
How does a second opinion on your Loan Estimate work?
You send it, I read it, and you get a straight answer within 24 hours. I’ll show you what each section means and where Elite Home Lending lands against it. Sometimes the answer is that the offer already in front of you is a strong one, and you should hear that from me too.
Does getting a second opinion hurt your credit?
Not the way most people fear. The major credit scoring models group mortgage inquiries made during a short shopping window and count them as one, specifically so you can compare lenders. Shop your mortgage the way you’d shop anything else this size.
Where does Elite Home Lending lend?
Myrtle Beach and the Grand Strand — Horry and Georgetown counties. Little River, North Myrtle Beach, Surfside Beach, Garden City, Murrells Inlet, and Pawleys Island, and inland through Carolina Forest, Forestbrook, Conway, and Aynor.
If you haven’t applied anywhere yet, there’s nothing to compare until you have an offer in hand, so get pre-qualified first. You can also read through the loan options or run numbers on the mortgage calculator and choose the Purchase tab once the page loads.
Frequently asked questions
What is a Loan Estimate?
A Loan Estimate is the standardized three-page form a lender must provide within three business days of receiving your application. It shows the loan terms, itemizes the costs, and includes the annual percentage rate so you can compare offers from different lenders side by side.
Can I get a second opinion on a Loan Estimate from another lender?
Yes. Upload the Loan Estimate you already received and I’ll review it line by line against what Elite Home Lending can offer, then come back to you within 24 hours. If the offer you already have is the stronger one, I’ll tell you that.
Does comparing mortgage lenders hurt my credit score?
The major credit scoring models group mortgage inquiries made within a short rate-shopping window and count them as a single inquiry, so you can compare lenders without stacking up damage to your score.
Travis Buis, NMLS #1711446. Elite Home Lending, LLC — NMLS #2788023. Equal Housing Opportunity. This page is for educational purposes only and is not a commitment to lend or an offer of credit. Loan approval is subject to underwriting, credit approval, and property eligibility.
