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A loan origination fee is a fee paid to the lender, generally in the $1,200 to $1,300 range, and covers some of their costs of processing and finalizing the loan.

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The three main similarities between mortgages and car loans are that both are: Installment loans. Types of secured loan. Have a fixed payment period


A loan origination fee is a fee paid to the lender, generally in the $1,200 to $1,300 range, and covers some of their costs of processing and finalizing the loan.






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