Real Estate Glossary

What is Origination Fee?

An origination fee is a fee charged by a lender to cover the costs of processing and underwriting a loan. This fee is usually a percentage of the loan amount and is charged at the time the loan is originated. It is used to cover the lender's expenses such as appraisal, credit report, and other administrative costs.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
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