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Mortgage glossary
Origination Fee
A charge for services connected with making the loan. It may be a percentage of the loan or a fixed amount and should appear in the loan disclosures when applicable. Fees and how they are labeled vary.
In plain language
This term may appear in conversations, forms, or documents during the mortgage process. If something important changes in your situation, ask how it may affect your case before making a decision.
This explanation is general and educational. It is not personalized advice, a loan offer, or a promise of approval.