origination fee Antonyms
No Synonyms and anytonyms found
Meaning of origination fee
Wordnet
origination fee (n)
a fee charged to a borrower (especially for a mortgage loan) to cover the costs of initiating the loan
origination fee Sentence Examples
- The bank charged a hefty origination fee for the mortgage loan.
- The origination fee for the personal loan was a substantial amount.
- Homebuyers should factor in the origination fee when budgeting for a mortgage.
- Banks often waive the origination fee for certain qualified borrowers.
- The origination fee is typically a percentage of the loan amount.
- Lenders may charge an origination fee to cover the costs of loan processing.
- Some lenders offer lower origination fees for borrowers with excellent credit scores.
- It's important to compare origination fees from multiple lenders before applying for a loan.
- The origination fee is typically paid upfront at loan closing.
- Some origination fees are refundable if the loan is canceled or prepaid.
FAQs About the word origination fee
a fee charged to a borrower (especially for a mortgage loan) to cover the costs of initiating the loan
No synonyms found.
No antonyms found.
The bank charged a hefty origination fee for the mortgage loan.
The origination fee for the personal loan was a substantial amount.
Homebuyers should factor in the origination fee when budgeting for a mortgage.
Banks often waive the origination fee for certain qualified borrowers.
