An upfront fee that is charged by a lender to process a new loan application is a mortgage origination fee<\/b>.\u00a0<\/p>

This fee is a payment for completing the process of the loan. In the United States of America, these loan origination fees come anywhere between 0.5% and 1% of a mortgage loan amount and they are always in the percentage of the total loan.<\/p>

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At times they are also referred to as discount fees or points, especially when they equal 1% of the amount borrowed, payment for services like processing, underwriting, and funding all come under origination fees.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t