# LoanPrep vs LoanMate

LoanPrep and LoanMate are too close to call on the numbers: across 6 compared parameters — price, update cadence, ads and in-app purchases among them — neither pulls far enough ahead to decide it. What separates them is feature set and interface, not measurable difference.

Both are free to download. LoanPrep sells 2 one-off in-app purchases and LoanMate sells 1 one-off in-app purchase. Whichever you choose, the download price is not the number that matters.

LoanPrep ships an update every 10 days, LoanMate fortnightly. The most recent releases landed on November 5, 2026 and November 9, 2026 respectively.

## The numbers

| Metric | LoanPrep | LoanMate |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.5 (8 ratings)](https://appshunter.io/ios/app/loanprep-eligibility-check/id6755533050/reviews)** | — |
| Number of ratings | **8** | — |
| Positive reviews | 0.0% of reviews | — |
| In-app purchases | Yes | Yes |
| Ads | Yes | Yes |
| Update frequency | **Every 10 days** | Fortnightly |
| Monetization | Ad-supported | — |
| Size | 13 MB | 31 MB |
| Requires iOS | 15 | 15.0 |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Age rating | +4 | 12+ |
| Developer | [淼 于](https://appshunter.io/developer/1801631763) | [KHANH HA DANG](https://appshunter.io/developer/1894659816) |

## What reviewers say

### LoanPrep

[App page](https://appshunter.io/ios/app/loanprep-eligibility-check/id6755533050)

This app helps U.S. borrowers prepare for loan applications by assessing readiness, organizing documents, and providing educational tips. It offers checklists, progress tracking, and a daily check-in system to build consistent habits. The tool is for informational purposes only and does not provide financial advice.

**Highlights:** 9-step loan readiness assessment, Customizable preparation checklists, Document collection progress tracking, Daily check-in system for habit building, Educational assessment reports, U.S. dollar amount display

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Single Assessment Report | $0.99 | one-time |
| 5-Report Package | $2.99 | one-time |


### LoanMate

[App page](https://appshunter.io/ios/app/loanmate/id6762553472)

**Features:** macOS Compatibility, Vision Pro support, iPhone Duo support

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Premium Version | $2.99 | one-time |


## Frequently asked questions

### Is LoanPrep free?

LoanPrep is free to download, with in-app purchases available.

### Is LoanMate free?

LoanMate is free to download, with in-app purchases available.

### Do LoanPrep or LoanMate have ads?

Both LoanPrep and LoanMate show ads.

### Which is updated more often, LoanPrep or LoanMate?

LoanPrep ships an update every 10 days, and LoanMate fortnightly. Most recently, LoanPrep was updated on November 5, 2026 and LoanMate on November 9, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*