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Sal Salafia's Blog

By - Sal Salafia - | Agent in Rochester, NY

What is a Loan Origination Fee?

On a government loan the loan origination fee is one percent of the loan amount, but additional points may be charged which are called "discount points." One point equals one percent of the loan amount. On a conventional loan, the loan origination fee refers to the total number of points a borrower pays.

For more information visit the Salafia Sold Team at www.rochesterhomelocator.com

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