Prepare a Loan Estimate Comparison: scope and evidence
Prepare a Loan Estimate Comparison starts with a written boundary. Name the loan, the source, the owner, the evidence, and the point where the work must stop. A clear rule keeps coordination separate from lending and credit decisions.
The main risk is that a fee change can be compared without the source or the changed circumstance. Record the source and time before changing a status.
Capture the evidence
A usable record includes loan, estimate, fee, source, changed circumstance, reviewer, and status. Keep the source beside the record so another reviewer can reconstruct what happened.
The processing lead confirms the decision or exception. The coordinator can assemble the comparison, check sources, and route questions, but should not fill a gap with an assumption.
Separate preparation from judgment
Decisions about fee and lending decisions remain with the authorized owner. Use three labels: proceed under the rule, pause for missing evidence, and escalate for a decision.
Run the review
Review missing sources, fee variances, and review time. For example, a closing cost changes after the estimate. Record what evidence was available and who owned the next step.
Pilot one workflow
Start with one fee category. Test the checklist on a small batch and review exceptions with the owner.
Use the related service scope and pipeline guide for context. Review CFPB mortgage guidance before changing a workflow.