ORIGINATION FEE
(noun)Definitions
There is 1 meaning of the phrase
Origination Fee.
Origination Fee - as a noun
A fee charged to a borrower (especially for a mortgage loan) to cover the costs of initiating the loan
Example Sentences
"The origination fee for this mortgage is 2% of the loan amount."
"Banks typically charge an origination fee when processing a personal loan."
"The lender added an origination fee to the loan, increasing the overall cost."
"Before finalizing the refinancing, make sure to inquire about any origination fees."
"Many credit cards come with an annual fee, as well as an origination fee."
