Terms that begin with O
- Obsolete information
- Open account
- Opting out
- Origination fee
GLOSSARY TERMS
Origination fee
Lenders typically charge a fee to cover the costs of processing your loan. For example, the costs to check your credit, prepare documents, inspect the property, conduct an appraisal, etc.
Previous Credit Report Term: Opting out
Next Credit Report Term: Paid as agreed
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