A one-time charge for processing a loan, usually a percentage of the loan amount.

The loan origination fee is the financing charge required by a lender.

Paid by the borrower to get a loan; it covers expenses incurred by the lender, such as the cost of the appraisal, credit report, title search, etc.

Definition One of the several add-on charges a lender may impose on a home mortgage borrower. It is a one-time flat fee payable at loan closing, usually ranging from 0.5 percent to 1 percent of the lo [..]

a charge by the lender to cover the administrative costs of making the mortgage. This charge is paid at the closing and varies with the lender and type of loan. A loan origination fee of 1 to 2 ...

A fee a lender charges to process a mortgage, usually expressed as a percentage of the loan (or points), which pays for the work in evaluating and processing the loan.

The fee charged by a lender to prepare all the documents associated with your loan.

See: origination fee.

The fee charged by a lender to prepare all the documents associated with your mortgage.

This fee is deducted from each loan that is issued. The money you receive will be less than the amount you actually borrow.

A fee assessed by the lender for underwriting a loan. This fee covers the time and preparation associated with the inception of a new loan.

The term Loan Origination Fee means the fee charged by a lender or broker in connection with the origination of a loan. The origination fee is used to meet the administrative costs for processing a lo [..]

An extra cost charged by a lender for underwriting a loan. The fee often is expressed in “points,” where one point is equal to one percent of the loan amount.

A fee charged by a loan broker or Title company to originate a loan. This fee is documented on the Settlement Statement and other documents that list all fees applicable for the loan.

An administrative fee assessed by the federal government and deducted from a loan before funds are made available. For Direct Subsidized & Unsubsidized loans, the origination fee is 1.051%. (For example, if a student borrows $1,000, the origination fee will be $11 with the remaining $989 going to the student account.) For PLUS Loans, the fee is [..]

Fee charged by a lender to cover administrative costs of processing a loan.