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  2. What are APR fees on a mortgage? - AOL

    www.aol.com/finance/apr-fees-mortgage-194052712.html

    Origination and processing fees: ... The processing costs might include charges like an application fee or loan delivery costs, or services like the lender’s review of the appraisal.

  3. Good faith estimate - Wikipedia

    en.wikipedia.org/wiki/Good_faith_estimate

    810 - Processing Fee; This is the charge for processing the loan – collecting the buyer's application, running credit, collecting pay stubs, bank statements, ordering appraisal, title, etc. This is often referred to as a "junk fee" and does not need to be included. 811 - Underwriting Fee; This is the cost of the loan underwriter (approver).

  4. How many mortgage lenders should I apply to? - AOL

    www.aol.com/finance/many-mortgage-lenders-apply...

    Learn more: How to get the best mortgage rate. Step 2. Choose your lenders. While there’s no right number of mortgage lenders to get quotes from, the CFPB suggests contacting at least three ...

  5. 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 ...

  6. Loan origination - Wikipedia

    en.wikipedia.org/wiki/Loan_origination

    Loan origination. Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process.

  7. Closing costs - Wikipedia

    en.wikipedia.org/wiki/Closing_costs

    Mortgage application fees, paid by the buyer to the lender, to cover the costs of processing their loan application. In some cases, the buyer would pay the lender the application directly and prior to closing, while in other cases the fee is part of the buyer's closing costs payable at closing.

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