origination fee
- A charge levied by a lender for processing a loan application, often expressed as a percentage of the loan amount and colloquially termed as 'points'
- The bank charged a 1.5% origination fee for the mortgage loan.
- John calculated all the associated costs including the origination fee before applying for the loan.
- She compared the origination fees of different lenders to find the best deal for her home loan.
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