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.
Get competing mortgage offers.
Share the loan details once. Matched brokers price the same request, and Lenny organizes the bids.
No name, phone number, or credit pull to start.
LIVE BOARD PREVIEW · ILLUSTRATIVE
Enter the full Exchange →The board moves. Lenny keeps score.
Same $360,000 sample loan · 30-year fixed · 30-day requested lock
Market open4 sample bids received
BIDDING CLOSES IN23:59:5224-hour window
MARKET MOVEFour brokers entered the same scenario. Lenny opened the first ranking.Next illustrative update is queued
LENNY'S LIVE READSummit Home Lending leads by $701 on estimated five-year cost.Four illustrative brokers are competing on the same loan scenario. Change the ranking lens to see a different winner.
Ranking live
| Lender / broker | Rate / APR | Monthly P&I | Lender cost / credit | Five-year cost | Review |
|---|---|---|---|---|---|
| 1SHSummit Home LendingLenny’s pick for best five-year value | 6.225%6.336% APR* | $2,211principal & interest | $295Lender cost · Fees $1,095 | $108,853interest + net lender cost | |
| 2FRFront Range LendingIllustrative response | 6.250%6.357% APR* | $2,217principal & interest | $545Lender cost · Fees $1,195 | $109,554interest + net lender cost | |
| 3PHPrairie Home MortgageIllustrative response | 6.125%6.284% APR* | $2,187principal & interest | $3,675Lender cost · Fees $1,425 · 0.625 points | $110,428interest + net lender cost | |
| 4LMLakeside MortgageIllustrative response | 6.375%6.448% APR* | $2,246principal & interest | −$405Lender credit · Fees $995 | $110,862interest + net lender cost |
Illustrative simulation only. Values change to demonstrate bidding and ranking behavior; these are not available mortgage offers, live rates, or rate locks.
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.
The Exchange is open in supported states and participating brokers must complete verification. 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.