Definition for: Origination Points
The term "origination points" refers to a fee charged by a lender in connection with making a loan. Such a fee is often expressed as a "point"--meaning 1% of the loan amount. Mortgage lenders often charge points.
The term "origination points" refers to a fee charged by a lender in connection with making a loan. Such a fee is often expressed as a "point"--meaning 1% of the loan amount. Mortgage lenders often charge points.