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What are lender fees?

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adonis




Joined: 22 Oct 2005



Posts: 10250
Location: ALASKA
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Post Posted: Sun Apr 15, 2007 11:53 pm    Post subject:
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pan_kul,

Points are a percentage of the loan amount paid upfront so that you can get a lower interest rate.

Origination fee is the cost the lender demands for originating your loan.
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