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What is an Origination Fee? An origination fee (usually a percentage of the loan) is a fee to provide services associated with the home loan process.

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Lender's origination fee Also called an underwriting, administrative or processing fee, it can run you $2,000 to $3,000. Solution: Compare origination fees from several lenders, but exclude fees the lender doesn't control, such as payments for settlement services, taxes and escrowed funds.

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Personal loans for home improvement purposes have an appealing simplicity. Depending on your lender and their approval process, you can have funds fairly quickly. You may pay an origination fee (up to 5% or 6% of your loan), but you won’t have most of the closing costs and fees associated with home equity loans.

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Trulia Voices - The short answer is "YES! And you should!" As long as you apply within a thirty day timeframe, you can apply for multiple lenders and have it count as ONE total inquiry on your credit report, under Federal law. The regulation is designed so you can shop for the best deal. But compare origination fees, as well as interest rates. If you pay a higher origination fee or points up front, you may get a lower rate, but if your circumstances show you may need to relocate or move in a…

Student Loans...Are there any available options to reduce the interest rate?...What are the fees associated with the loan (i.e., origination fee, default fee, late payment fee, repayment fee)?...What is the lowest available interest rate and fee combination for a student loan?...What will my monthly payment amount be? Visit what2ask.com and discover the important questions to ask about your Student Loan.

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Points are charged by lenders to increase the lender's return on the mortgage. This can include or be in addition to the loan origination fee. Typically, lenders may charge anywhere from zero to two points. One point equals 1 percent of the mortgage amount. The good news is that points are tax-deductible.