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origination fee
(redirected from origination fees)

    Also found in: Legal, Financial, Wikipedia 0.01 sec.
origination fee
n.
A fee, often a percentage of the total principal of a loan, charged by a lender to a borrower on initiation of the loan.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.origination fee - a fee charged to a borrower (especially for a mortgage loan) to cover the costs of initiating the loan
fee - a fixed charge for a privilege or for professional services
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TruHome Solutions LLC has announced a 20 basis point discount off its mortgage origination fees for all loans funded in September and October.
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But with the new law, origination fees are reduced to 2% on the initial $200,000 and 1% on the remaining balance, with a cap of $6,000.
Seniors Get a Gift from the New Housing Law by Rachel L. Sheedy, Managing Editor, Kiplinger's Retirement Report / Kiplinger.com
 
 
 
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