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Origination Fee |
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Origination fee. An origination fee is an amount, usually calculated as a percentage of a mortgage loan or home equity loan, which a lender charges for processing your application. The origination fee may be subtracted from the amount of the loan or you may pay the fee separately. Origination Fee An upfront fee charged by some lenders, expressed as a percent of the loan amount. It is the same as points except that points vary with the interest rate and the origination fee does not. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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