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Definition of 'Origination Fee'
An up-front fee charged by a lender for processing a new loan application, used as compensation for putting the loan in place. Origination fees are quoted as a percentage of the total loan and are generally between 0.5% and 1% on mortgage loans in the United States.
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Investopedia explains 'Origination Fee'
An origination fee is similar to any commission-based payment. If a lender takes a 1% fee for originating a loan, they will make $1,000 on a $100,000 loan, or $2,000 on a $200,000 loan. It is likely that the fee rate would be negotiated lower for bigger loans in order to obtain the valuable business.
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Search results for 'Origination Fee'
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http://financialedge.investopedia.com/financial-edge/1111/Student-Loan-Rules-You-Should-Know-About.aspx
... Loss of Origination Fee Rebate Under 2011 law, students pay a 1% origination fee on all Stafford loans and a 4% fee on PLUS loans. ...
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http://www.investopedia.com/articles/mortgages-real-estate/08/mortgage-closing-costs-fees.asp
... Fee, Cost. Application Fee, $75 to $300 (including credit report for each applicant). Loan Origination Fee, 1-1.5% of loan amount. Points, 0-3% of loan amount. ...
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http://www.investopedia.com/university/home/home10.asp
... The fees you'll see on the good faith estimate, HUD-1 form and closing statement will include items such as the loan origination fee, points (if you're paying ...
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http://www.investopedia.com/articles/taxes/09/refund-anticipation-loans.asp
... To get the loan, you'll be asked to pay a loan origination fee in addition to your electronic filing fee. If you choose to accept ...
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http://www.investopedia.com/articles/mortgages-real-estate/08/reverse-mortgage.asp
... In fact, according to ReverseMortgage.Org, as part of a reverse mortgage, homeowners may be required to pay an origination fee of $2,000 or 2% of the loan ...
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http://www.investopedia.com/articles/economics/12/legal-business-practices-of-dubious-ethics.asp
... Then, if the depositor decides to borrow, they can charge a loan origination fee, a loan servicing fee, an annual credit card fee and the interest on the ...
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http://www.investopedia.com/articles/younginvestors/11/university-payment-plans-vs-student-loans.asp
... If you qualify for subsidized loans, you're out the loan origination fee, but the government pays your interest while you're in school. ...
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http://www.investopedia.com/articles/mortgages-real-estate/10/mortgage-alternatives.asp
... can be faster, since strict bank requirements can be bypassed, and it's also less expensive, since there is no need to pay a mortgage origination fee or other ...
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http://www.investopedia.com/university/small-business/financing-your-business.asp
... a blanket lien on other assets. Expect to pay a loan origination fee and, of course, interest. Business loans can offer the security ...
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http://www.investopedia.com/university/student-loans/student-loans8.asp
... you'll want to evaluate the following: Is there an origination fee for the balance transfer? Depending on how long it will take ...
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