06/12/2026
Mortgage Term of the Day:
The origination fee is a charge lenders apply to process and underwrite your mortgage loan.
đč Usually a percentage of the loan amount (commonly 0.5% to 1%)
đč Covers administrative costs like credit checks, document preparation, and loan approval
đč Paid upfront at closing or sometimes rolled into the loan balance
đĄ Tip: Always ask your lender for a clear breakdown of all fees, including origination!
Nolan Ross Samé-Weil, MBA | DRE: 01437302
Nolan Ross & Company | KWCP | DRE: 01443822