A fee charged by lenders to process a loan application.
The fee that a mortgage lender charges to apply for a mortgage to cover processing costs.
Fees that are charged when you apply for a loan or other credit. These fees may include charges for property appraisal and a credit report.
- Browse Related Terms: Annual Percentage Rate (APR), application fee, Cash Reserves, loan origination fee, Loan origination fees, Origination fee, points (aka discount points), Purchase price, settlement costs, Up Front Charges
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