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Mortgage Terms: Underage Definition

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Mortgage Terms: Underage Definition

Underage

Definition

Fees collected from a borrower by a loan officer that are lower than the target fees specified by the lender or mortgage broker who employs the loan officer

Related Terms

Other terms related to 'Underage' starting with the letter 'U'

Upfront Mortgage Lender, Underwriting, Upfront Mortgage Broker UMB, Underwriting requirements

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