Origination fee
Definition
An upfront fee charged by some lenders, usually expressed as a percent of the loan amount. It should be added to points in determining the total fees charged by the lender that are expressed as a percent of the loan amount. Unlike points, however, an origination fee does not vary with the interest rate.
Related Terms Other terms related to 'Origination fee' starting with the letter 'O' Overage, Option ARM Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 