Loan Origination Fee Law and Legal Definition
The term Loan Origination Fee means the fee charged by a lender or broker in connection with the origination of a loan. The origination fee is used to meet the administrative costs for processing a loan. It is to be noted that a loan origination fee is different from discount points which are used to buy down the rate of interest.
Legal Definition list
Related Legal Terms
- Acquisition and Improvement Loan [Veterans' Relief]
- Acquisition Fee
- Acquisition Loan [HUD]
- Acquisition, Development and Construction (ADC) Loan
- Adjustable Rate Mortgage Loan
- Administrative Cost of Issuing a Loan Guarantee
- Advance Fee Fraud
- Advance-Fee Talent Service
- Advertising Fee
- Affidavit for Suspension of Fee/Cost
