How to compare Loan Estimates
Read rates, APR, lender charges, credits and cash to close together.
Workspace / Post your loan
Private scenario PRIVATE
Make your mortgage a bidding war.
Post anonymously. Brokers compete in real time. You pick the winner.
No name, phone number, or credit pull to build a private scenario.
ILLUSTRATIVE EXCHANGE BOARD
See the board before you post.
Explore sample broker responses on the same board used for live offers. Sample pricing is not available to borrow.
Illustrative mortgage exchange board
Broker responses appear as they arrive. Lenny re-ranks the same loan and explains what changed; you decide what to explore. Illustrative responses only—not available mortgage offers.
Illustrative sample responses4 responses shown · bids revise every few seconds
ScenarioPurchase · 30-year fixed · conventional
Loan / value$360,000 / $450,000 · 80.0% LTV
Borrower profile740+ · Primary residence · St. Louis, MO
Requested lock30 days
| Broker offer | Rate / APR | Monthly P&I | Upfront lender cost | Five-year cost | Next step |
|---|---|---|---|---|---|
FR Front Range LendingLenny's illustrative pick for Lowest projected five-year costSample brokerage · No real NMLS recordNot an available mortgage offer | 6.250%6.357% APR | $2,217principal & interest | $545Points: 0.000 · Lender-controlled fees: $1,195 · Lender credit: $650 | $109,550interest + net lender cost | |
PH Prairie Home MortgageIllustrative sample responseSample brokerage · No real NMLS recordNot an available mortgage offer | 6.125%6.284% APR | $2,187principal & interest | $3,675Points: 0.625 · Lender-controlled fees: $1,425 · Lender credit: $0 | $110,432interest + net lender cost | |
LM Lakeside Mortgage PartnersIllustrative sample responseSample brokerage · No real NMLS recordNot an available mortgage offer | 6.375%6.448% APR | $2,246principal & interest | $405 creditPoints: 0.000 · Lender-controlled fees: $995 · Lender credit: $1,400 | $110,861interest + net lender cost | |
SH Summit Home LendingIllustrative sample responseSample brokerage · No real NMLS recordNot an available mortgage offer | 6.500%6.615% APR | $2,275principal & interest | $705 creditPoints: 0.000 · Lender-controlled fees: $895 · Lender credit: $1,600 | $112,826interest + net lender cost |
Lenny's suggestion for your priorityIn this sample, Front Range Lending leads for estimated five-year cost.
Illustrative sampleIllustrative responses only. $882 lower in estimated five-year interest plus net lender costs than Prairie Home Mortgage. Compare APR, complete costs, eligibility, and lock terms before choosing.
LENNY · AI MORTGAGE ASSISTANT
A clearer read on every offer.
Lenny organizes the rate, APR, payment, points, lender fees and credits so you can see the tradeoff behind each broker response.
See how mortgage offers compareExplain the numbers. Keep the decision yours.
Lenny can surface cost differences and questions to ask. Brokers confirm eligibility, pricing and any rate lock.
WHOLESALE & MATCHED PRICING ACCESS
More pricing paths. One consistent scenario.
Participating licensed mortgage professionals may compare eligible scenarios across wholesale channels and other matched sources. Availability depends on the scenario, state and participating broker.
Logos and names are shown for marketplace context only. They do not guarantee an offer, placement, affiliation or endorsement. Consumers do not access wholesale lenders directly.
Understand wholesale pricingALREADY HAVE A LOAN ESTIMATE?
Put the disclosed offer beside the competition.
Upload one Loan Estimate for a private checkup, or compare two side by side. Lenny extracts the disclosed rate, payment, points, fees and credits so the differences are easier to see.
Analyze a Loan EstimateEstimate A6.125% rate$2,431 monthly P&I$4,800 lender cost
Estimate B6.375% rate$2,515 monthly P&I$1,900 lender cost
Lenny's read: Estimate A costs more upfront but has the lower illustrative payment. The analyzer shows the estimated break-even point before you decide.
MARKET CONTEXT
See where locked mortgage rates are moving.
Follow national rate-lock activity for context, then compare responses priced for your own scenario.
Explore the mortgage market index National indices are market context, not a personalized quote.LenderCity Mortgage Market Indices LIVE INDEX FEED
Market data and widget provided by Optimal Blue.
MORTGAGE GUIDES
Explore all guides Make the offer easier to understand.
Points or lender credits?
See how cash at closing can trade against the rate and monthly payment.
Calculate your break-even
Estimate how long monthly savings may take to recover refinance costs.
¹ Five-year cost = interest paid over 60 months + discount points + lender fees − lender credits. It excludes principal, taxes, insurance, mortgage insurance, third-party charges and the time value of money. Negative net lender costs represent a potential credit, subject to allowable closing costs. Monthly P&I includes principal and interest only. *APRs are illustrative, not calculated disclosures; sample broker bids use broker-entered illustrative APRs. These are not available mortgage offers.
Exchange availability depends on the property state, scenario, and active coverage from verified independent brokers. LenderCity operates the marketplace and does not originate, underwrite, approve or lock loans. Lenny’s comparisons support your decision; they do not approve a loan or guarantee savings.