Compare loan types before you request a quote. LoFi Rate is not a lender. A licensed professional may discuss these loan types; eligibility depends on the lender.
Compare loan types before you request a quote. LoFi Rate is not a lender. A licensed professional may discuss these loan types; eligibility depends on the lender.
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LoFi Rate is not a lender. These are common loan types a licensed professional may discuss.
Eligibility and terms depend on the lender. LoFi Rate matches you with a licensed professional and does not guarantee any program.
Start with the Loan Estimate a lender already issued to you. If a licensed mortgage professional obtains a competing lender offer, compare the same loan amount, loan type and term, with matching rate-lock status or period and issue dates.
Lower tax or insurance estimates do not make lender pricing cheaper.
Hypothetical illustration, not a rate quote
On a $400,000 loan, 0.5 discount points = $2,000 and 1 point = $4,000. Points do not buy a fixed rate reduction. If one offer hypothetically costs $4,000 more upfront and reduces monthly principal and interest by $80, simple payment breakeven is 50 months ($4,000 / $80). This shortcut excludes balance differences, taxes, investment returns and time value; it is not an APR calculation or savings guarantee.
Page 3 five-year check: subtract principal paid off from the total paid in “In 5 years” to compare interest and fees. An ARM comparison assumes unchanged rates, and the actual holding period may differ.
Request a mortgage quote match
Loan Estimate review on the homepage On the homepage, select Upload Your Loan Estimate to reach the review form.
Is the lowest mortgage rate always the best deal?
Start with one Loan Estimate: how to compare a competing lender offer
Are mortgage points worth it? Calculate your break-even before choosing a loan
How to compare lender fees and lender credits side by side
Sources checked October 3, 2026. Consumer Financial Protection Bureau: How should I use lender credits and points (also called discount points) (opens in a new tab). Consumer Financial Protection Bureau: Compare Loan Estimates (opens in a new tab).
Short answers about matching, quote comparison, and total cost.
A licensed professional can walk through options. LoFi Rate does not guarantee approval or a rate.
LoFi Rate matches borrowers with licensed mortgage professionals. We are not a lender.
We are not a lender. We are a service that helps you partner with a lender licensed in your state.