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Loan Origination Fee:
The loan origination fee covers the administrative costs of processing the loan. It is often expressed in points. One point is 1 percent of the mortgage amount. - For example, a $100,000 mortgage with a loan origination fee of 1 point would mean you pay $1,000.
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Calculator Use Disclaimer
Product offers, rates, terms and other information provided herein are subject to change without notice. Due to occasional inaccessibility to our website, Landmark Funding cannot guarantee the completeness or accuracy of the information provided herein. The information provided to you in Interactive Calculators are estimated, and provided solely for your interactive enjoyment. The results are not guaranteed to be accurate, and in no way endorsed, offered or guaranteed by Landmark Funding. The appropriate disclosures will be mailed to users who secure a loan with Landmark Funding. You may request these documents before opening your account, or verify current offers, by calling 1-866-GO-MONEY (1-866-466-6639).