Sentences with phrase «possible loan origination fee»
If you refi into a conventional loan they'll usually only do 80 % of the value and you'll lose your VA rate and still have refi costs, so this would probably be more expensive than just doing a conventional loan to start, especially after the VA funding fee and possible loan origination fee from the bank.
https://www.biggerpockets.com/ Not exact matches
Because of this, it's possible you could end up with an APR that will cost you more over the life of the loan than you'd pay for an origination fee.
Possible fees include loan origination fees, closing fees, prepayment penalties, and early termination fees.
Once they have this number they'll often try to pad their profits by packaging a lot of extras into the loan (extended warranties, document fees, loan origination fees, window etching, fabric protection, etc.) and then stretch the loan out over as many years as possible to meet your monthly payment target.
Because of this, it's possible you could end up with an APR that will cost you more over the life of the loan than you'd pay for an origination fee.
Online business loans tend to have both an origination fee, and a higher interest rate relative to traditional bank loans — other types of fees are possible too.
One possible way to avoid loan origination fees entirely is to request that the sellers of the house pay the fee.