Real Estate Glossary

What is Loan Estimate (LE)?

A Loan Estimate (LE) is a document provided to borrowers by a lender, detailing the terms and projected costs of a loan. It is also referred to as the Good Faith Estimate. The Loan Estimate outlines important information such as the loan amount, interest rate, projected monthly payments, and any fees associated with the loan. It's an important document for borrowers to review as it helps them to compare and understand the costs of different loans and helps them make an informed decision on which loan to choose.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
Beycome Corp. holds real estate brokerage licenses in Multiple States: Beycome of Florida LLC is licensed in FL. Beycome Brokerage Realty Inc is licensed in CA. Beycome of Connecticut in CT. Beycome Brokerage Realty LLC is licensed in AL, GA, IL, IN, MI, MN, NC, SC, TN and TX.
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