It's the fee that the bank or broker charges for starting the application....pricing depends on the bank/broker. We knew the mortgage rep so he waived it.
DeniseMang
Posted:
Member since
Re: Origination fees?
I think mine was $300 or $350.
littlecat
Posted:
Member since
Re: Origination fees?
Sometimes it is 1% of the loan amount. We told them that we didn't want to pay it.
