Origination
Fee's
Basically,
origination
fees’ are the exact same thing as points.
They are a percentage of the loan.
By
showing fee’s as origination fee’s, lenders
can actually lower the point total they charge you, while inflating the
amount of origination fees’ they charge you.
When
dealing with a lender, make sure to ask what the total amount of fees
are that are derived from a percentage of the total loan amount.
Points
Good
Faith Estimate
Respa
What
A Broker Does
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