Quimbee logo
DMCA.com Protection Status

Loan Origination Fee

Definition

The fee, usually a percentage of the loan's total amount and expressed as points, that a borrower pays for the expenses a lender incurs in arranging to make the loan; for example, a 2-percent fee is the same as a two-point fee.

Related Rules


Mauris finibus odio eu maximus interdum. Ut ultricies suscipit justo in bibendum. Sed eu magna efficitur, luctus lorem ut, tincidunt arcu. Praesent varius sit amet erat hendrerit placerat. In posuere eget ante id facilisis. Integer semper venenatis felis lacinia malesuada.

Ron King Corp. v. R. & R. Mohring Enterprises, Inc.