A coach for the week you shop for a mortgage
Services you can shop for
Coach's call
Your Loan Estimate lists some services, such as title work or a survey, under Services You Can Shop For. You may pick your own providers for these, and the lender must give you a written list of providers to start from. Comparing these services is a second way to save, separate from comparing lenders.
Last reviewed against the primary sources listed below.
Where to look
On page two of the Loan Estimate, find the section for services you can shop for. The CFPB Loan Estimate explainer walks through each section.
How to compare providers
- Ask two or three providers on the list for quotes.
- Compare the same service, such as the lender's title policy.
- Tell the lender which provider you chose in time.
Shoppers ask the coach
Can I choose my own title company?
For services listed as shoppable on your Loan Estimate, generally yes.
Does shopping for services change my Loan Estimate tolerances?
It can. Fees for providers you pick yourself are treated differently from fees for providers on the lender's list.