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Mortgage Terms: Fees Definition

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Mortgage Terms: Fees Definition

Fees

Definition

The sum of all upfront cash payments required by the lender as part of the charge for the loan.

Origination fees and points are expressed as a percent of the loan.

Junk fees are expressed in dollars.

Related Terms

Other terms related to 'Fees' starting with the letter 'F'

Float, Fully indexed interest rate, Freddie Mac, Financing points, Fallout

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