8-Origination Fee-Chapter 22

You must first complete 7-Loan escrow impound accounting-Chapter 22 before viewing this Lesson
Please sign up for the course before starting the lesson.

22.8.2. Origination Fee An origination fee is a charge by the lender for processing and underwriting a loan. It compensates the lender for evaluating, preparing, and handling the necessary paperwork for the mortgage. The fee is typically a percentage of the loan amount, often ranging from 0.5% to 1%. What the Origination Fee Covers: Loan […]

Back to: 90 Hour Real Estate Broker Licensing Program ONLINE > Broker Chapter 22-Residential Financing and Commercial Financing
© Copyright - Dodd's School of Real Estate
7-Loan escrow impound accounting-Chapter 229-Loan Qualifications-Chapter 22