Examples of Origination Fee in a sentence
Other than the Origination Fee, if any, set forth above, Buyer is NOT CHARGING ANY ORIGINATION OR BROKER FEES to Seller.
Borrower shall pay all out-of-pocket expenses incurred by Lender in connection with the transaction contemplated by this Agreement and the administration of the Loan, in the event of default including Lender’s internal costs, the reasonable fees and expenses of its counsel and the Origination Fee (as defined in Exhibit A).
On the Closing Date, Borrower’s payment of (A) the Origination Fee to the Lender; (B) all Lender Expenses through the Closing Date.
Example: • The market rate , which is 8.00% with 1 Point and 1% Origination Fee, is lower than the capped rate – Customer will receive the market rate • The market rate, which is 8.375% with 1 Point and 1% Origination Fee, is the same as the capped rate – Customer will receive the capped rate.
A customer capped rate is 8.375% with 1 Point and 1% Origination Fee.