Reports grade the Section A total and the rate. Sections without a public benchmark are explained without a grade.
A finished inspection, start to finish
Section A is $780 above the range.
The AI read 8 fees across Sections A and B, and your rate.
This card is your report's summary. Yours will show your numbers.
Inspect your Loan EstimateYOUR LENDER FEES, SECTION A
The lender's own charge for making your loan.
Optional. You chose to pay this up front in exchange for a lower rate. It sits inside the Section A total because that is how the public record reports Section A, and your rate is graded knowing you bought it down.
Charged for taking your application.
A general lender charge for handling your file.
Covers the paperwork of moving your application through.
Pays the lender to review the risk of your loan.
Covers preparing your closing paperwork.
Your Section A total is $780 above the typical range for loans like yours. The largest single charge on it is the origination fee at $1,495.
Points are money you chose to pay now in exchange for a lower rate.
YOUR RATE AT LOCK
Your rate is graded against the range for your scenario: your credit, your down payment, and your loan type, priced the way lenders actually price them. Your rate lands where it does partly because you paid to buy it down.
SERVICES YOU CANNOT SHOP FOR, SECTION B
Appraisal, credit report, and flood check. Your lender picked these providers, so you pay for them but you do not choose them. The public record does not break these out separately, so we show them without a grade rather than guess at one.
Your verdicts are measured against loans that match this scenario.
Your file is deleted once your report is delivered. Your report stays open at its link for 7 days, and the PDF is yours to keep.
Sources
HMDA is the Home Mortgage Disclosure Act. Federal law requires lenders to report the loans they actually make, and that public record is what your fees are graded against.
Your rate is graded against the daily index of rates lenders actually locked, adjusted by the pricing rules Fannie Mae and Freddie Mac publish.
Rate series: Optimal Blue Mortgage Market Indices (OBMMI), retrieved via FRED, Federal Reserve Bank of St. Louis.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
LoanInspection is an educational tool. This report is for educational purposes only and is not a quote, offer, guarantee or commitment to lend. This report may identify potential areas for negotiation or savings, which are based solely on general market data and public fee information and are not guaranteed. LoanInspection does not offer mortgage origination services. Any questions regarding available loan options, rates or fees should be directed to a licensed mortgage professional.