Origination fee
A lender charge for making the loan, often expressed as a percent of the loan amount.
It is not always the same thing as discount points, which buy a lower rate.
The closing-cost worksheet has an editable origination percent.
A lender charge for making the loan, often expressed as a percent of the loan amount.
It is not always the same thing as discount points, which buy a lower rate.
The closing-cost worksheet has an editable origination percent.