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2. What is a mortgage origination fee? And do you have to pay it?

   www.aol.com/finance/mortgage-origination-fee-pay...

   A mortgage origination fee is a fee that lenders charge for originating, or creating and processing, your home loan. The origination fee can cover a number of services, including opening the loan ...

3. Mortgage loan originators: What are they and what do ... - AOL

   www.aol.com/finance/mortgage-loan-originators...

   How much are mortgage origination fees? A mortgage origination fee is a lender’s charge you pay at closing to cover the cost of initiating, processing and funding your home loan. In general, you ...

4. What is mortgage loan origination? - AOL

   www.aol.com/finance/mortgage-loan-origination...

   Initiating a mortgage typically comes with a fee, known as the mortgage origination fee, often equal to 0.5 percent to 1 percent of the loan principal. This fee might be as high as 2 percent if ...

5. Mortgage arrangement fee - Wikipedia

   en.wikipedia.org/wiki/Mortgage_arrangement_fee

   Mortgage arrangement fee, also known as a completion fee or a mortgage product fee, is a term used to describe the fee charged by some lenders to cover administration and primarily the reserving of funds for fixed rate and/or discounted rate mortgages.

6. Paid outside closing - Wikipedia

   en.wikipedia.org/wiki/Paid_outside_closing

   Paid outside closing (POC) is the fees or payments rendered outside normal title insurance and underwriting fees due at the time of closing a loan. When acquiring a mortgage or refinancing, a lender or broker may show that an appraisal fee is POC because the fee is usually due at the time of service, prior to closing.

7. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   In the UK and U.S., 25 to 30 years is the usual maximum term (although shorter periods, such as 15-year mortgage loans, are common). Mortgage payments, which are typically made monthly, contain a repayment of the principal and an interest element. The amount going toward the principal in each payment varies throughout the term of the mortgage.