Saturday, March 17th 2018


What is loan origination?

Interesting Question?   (2)   (7)

Answers (1)

18th Nov 2009 by JonB

Loan origination typically refers to the locating of a customer who needs a loan and convincing them to use your services; which is often one of the hardest parts of the finance industry. According to RESPA, you are entitled to a document called a Good Faith Estimate very early in the loan application process. This explains the various fees you will be charged when closing the loan. One of the very first items on this paper will be the Loan Origination fee, usually expressed as percentage of the loan amount. Very generally speaking, the origination fee is around 1% of the total loan amount. This is of course up for debate between you and your financial consultant.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of

17th Nov 2009 In Finance 1 Answers | 394 Views
Subjects: loan origination,

Answer This Question / Give Your Opinion
What is loan origination?

Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *

Give Your Opinion
What is a business activity statement?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
What is a business activity statement?
Unanswered Questions in Finance
What does account in arrears mean?
Can you get a loan with no credit?
How do credit bureaus determine your credit score?
What is a shared secure loan?
What is loan syndication?

Answered Questions in Finance
How to finance a home addition?
How to finance a small business?
What are the different types of consumer finance?
Private equity vs venture capital?
What is mezzanine debt?
Ask A Question
Get opinions on what you want to know:
Specific to any country?