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Definition of origination fee in English: origination feenoun Finance A fee charged by a lender on entering into a loan agreement to cover the cost of processing the loan. Example sentencesExamples - Well, there's a 2 percent mortgage insurance premium, and a 2 percent origination fee.
- If it's higher than what you were promised, the bank may have slipped in an origination fee or given you a higher interest rate.
- Lenders make less money from service and origination fees than they do on interest income.
- The bill calls for the gradual reduction in loan origination fees, eventually paring down the fees to one percent.
- We eliminated the origination fee for our graduate students.
Definition of origination fee in US English: origination feenounəˌrijəˈnāSH(ə)n ˌfē Finance A fee charged by a lender on entering into a loan agreement to cover the cost of processing the loan. Example sentencesExamples - The bill calls for the gradual reduction in loan origination fees, eventually paring down the fees to one percent.
- If it's higher than what you were promised, the bank may have slipped in an origination fee or given you a higher interest rate.
- We eliminated the origination fee for our graduate students.
- Lenders make less money from service and origination fees than they do on interest income.
- Well, there's a 2 percent mortgage insurance premium, and a 2 percent origination fee.
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