Mortgage origination fee: Details, costs, and options for paying less
A mortgage origination fee typically costs 0.50% to 1% of your mortgage and is paid at closing. Learn about how it works and options for paying less.
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A mortgage origination fee typically costs 0.50% to 1% of your mortgage and is paid at closing. Learn about how it works and options for paying less.
Like zillow.com it will give you a range of what you should be paying in fees. did you know about this? >> no. >> we did not know about this. >> reporter: step two, negotiate service fees. >> do you really understand any of the fees? >> i don't understand why they cost what they cost. >> they don't spell out all of the words. >> reporter: we went line by line poring over the fine print and found the top three fees erin says you can push back on. >> origination charge right here. >> reporter: ridge nation charge for $899. a fancy way of saying, processing fees. >> what they choose to charge you...