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What is the difference between origination FEE and origination CHARGE?

April 26, 2017charge difference fee Origination

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What is the difference between origination FEE and origination CHARGE?

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o The origination fee is a percentage of the loan amount (usually 1%) charged to originate the loan. On the new GFE, origination CHARGES are ALL fees charged by the lender which may include application fee, lender fee, processing/underwriting fee, and origination fee.