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Best answer by kll

No, that is more like a mortgage insurance premium.   Origination fees can also be called points, maximum loan charges, discount points, or loan discountIt is an amount based on the percentage of the loan value to reduce the interest rate.


1 reply

kllAnswer
June 5, 2019

No, that is more like a mortgage insurance premium.   Origination fees can also be called points, maximum loan charges, discount points, or loan discountIt is an amount based on the percentage of the loan value to reduce the interest rate.