Sentences with phrase «periods at origination»

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The Annual Percentage Rate (APR) shown for each MBA loan product reflects the accruing interest, the effect of one - time capitalization of interest at the end of a deferment period, a 2 % origination fee, the full deferment payment plan option (in which there is a 21 - month in - school deferment and a six - month grace period).

The initial rate is lower than the current market rate and is fixed for the specific adjustment period set by the lender at the origination of the loan.

The Bureau stated in the proposal that it plans for the Bureau's Web site to offer important information and useful tools that consumers can access at key points in the mortgage origination process, including during the three - business - day period between the consumer's receipt of the Closing Disclosure and consummation.