Why are my closing costs and adjustments different than what I was told in the “Loan Estimate” I received from my lender?

A “Loan Estimate” is just that—an “estimate” of your closing costs and adjustments, made by your lender in “good faith” and to the best of its ability. This estimate is made at a very early stage and is based upon various assumptions that are not in the control of your lender. Consequently, some of the figures in the Loan Estimate may not be accurate.