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Loan origination fee
Most lenders charge borrowers an origination fee--or points--for processing a loan. A point is 1 percent of the total loan amount.
Related Terms
Third-party origination
Origination fee
Conventional loan
Interest
Bridge loan
Loan -to-value ratio
Loan processing fee
Maximum financing
End loan
Loan application
Loan commitment
No-documentation loan
Junior mortgage
Cash-out refinance
Balloon loan
Discount points
Secured loan
Unsecured loan
Interest-only loan
Point
Low-down-payment loan
No cash-out refinance
Two-step mortgage
Annual Percentage Rate (APR)
Step-rate mortgage
Home equity loan
Construction to permanent loan
FHA loans
Wraparound mortgage
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