Solvit Mortgage launches free Loan Estimate review tool

Solvit Mortgage rolled out a free online tool on Oct. 6, 2026, that lets borrowers upload an existing Loan Estimate for a quick comparison of rates, fees and mortgage structures. The company says the service is designed to make it easier for homebuyers and homeowners to judge whether their current offer is competitive or if another option could save money.

Why it matters: - Mortgage shoppers often focus on the headline interest rate and miss the full cost of the loan. - Solvit Mortgage’s free review tool is meant to help borrowers compare points, fees, credits and monthly payments before they commit. - The service could give homebuyers and homeowners a faster way to spot a better pricing structure or gain confidence that an existing offer is competitive.

What happened: - Solvit Mortgage, a branch of PBT Bancorp, announced the launch of Loan Estimate Review on Oct. 6, 2026. - The online tool lets consumers upload an existing Loan Estimate from a mortgage lender. - Solvit Mortgage says the review takes less than 2 minutes. - The service is available at no cost.

The details: - The tool examines the loan amount, mortgage program, interest rate, principal and interest payment, discount points, origination and lender charges, lender credits, estimated cash to close and other mortgage costs. - Solvit Mortgage says it can also assess alternative pricing or loan structures using access to more than 30 lending sources and lender programs. - The company says the analysis may identify situations where another rate, fee structure or loan option warrants a closer look. - The review does not guarantee qualification for a specific loan, rate or savings amount. - Final pricing and eligibility depend on the borrower’s financial profile, property, loan program, market conditions and underwriting requirements. - Mortgage lenders must send borrowers a standardized Loan Estimate within 3 days of a loan application under Consumer Financial Protection Bureau rules. - The standard format helps comparison, but different offers can still be hard to evaluate. - A lower interest rate can come with upfront discount points. - Another lender may offer a slightly higher rate with lower closing costs or a lender credit. - The best structure can depend on how long the borrower expects to own the property, how much is being financed, available cash at closing and broader financial goals. - For more information, consumers can visit Solvit Mortgage’s Loan Estimate Review page. - Solvit Mortgage lists its NMLS information as Sam Kwak, NMLS #2753203, and PBT Bancorp, NMLS #257781. - The company says it is a Member FDIC and Equal Housing Lender.

Between the lines: - The tool reframes mortgage shopping as a “second opinion” rather than a hard sell to switch lenders. - That approach may appeal to borrowers who already have a competitive offer and want confirmation instead of a sales pitch. - The product also reflects a broader push to simplify mortgage comparison by translating pricing tradeoffs into a faster online check. - Sam Kwak said the goal is to help consumers understand what they are actually being offered. - Kwak also said the objective is not to tell every borrower to change lenders, but to help them decide whether another option is worth considering.

What’s next: - Consumers can now upload an existing Loan Estimate and request a review online. - Borrowers who appear to have competitive financing can proceed with greater confidence. - Borrowers who may benefit from another structure can choose whether to explore additional options. - Mortgage programs, rates, terms and eligibility remain subject to change and underwriting guidelines.

The bottom line: - Solvit Mortgage is offering borrowers a free, fast way to sanity-check a mortgage quote before they lock in.