What Is A Loan Fee

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Posted on March 03, 2019 at 20:57 PM

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Disclaimer. This is an estimate only. It is provided for illustrative purposes only and is based on the accuracy of information provided.
What is Loan Origination Fee? definition and meaning
Definition of loan origination fee: One of the several add-on charges a lender may impose on a home mortgage borrower. It is a one-time flat fee payable...
What is Loan Processing Fee? definition and meaning
A charge that passes on costs to the borrowers for obtaining documentation, appraisals, employment and credit history, or any other information necessary for the lender's underwriting department. It acts as a "catch all" fee for miscellaneous required items that are not large enough to itemize by themselves.

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