The Real Estate Encyclopedia
What Are Loan Origination Fees?
Category - Real Estate Information Sources - General Real Estate Information

Loan origination fees are the fees charged by a lender to make a mortgage loan.  These fees cover costs such as preparation of documents, credit inspection and appraisal fees.  The origination fee is usually a percentage of the face amount of the loan.  A good rule of thumb is to consider 3% of the amount of the loan to estimate the loan origination fees.

 
Category(s)
Mortgage Questions - Mortgage Loans FAQ's
Home Buying Questions - General Home Buying FAQ's
Real Estate Information Sources - General Real Estate Information
[edit]
Home   |   About Us   |   Contact Us   |   Patrons   |   FAQ's   |   Site Map
© 2008 - All Rights Reserved.
Thank you for visiting Real Estate Wiki - the leading dictionary, directory, encyclopedia and glossary for the real estate and mortgage industries .