A fee is sometimes charged by the mortgage lender to originate the loan This fee is similar to points and in some cases may be deductible (check with your accountant)
the act of starting something for the first time; introducing something new; "she looked forward to her initiation as an adult"; "the foundation of a new scientific society"; "he regards the fork as a modern introduction"
The collecting of data from a student and the entering of it into origination records for Direct Loans and Pell Grants The data is the basis for making a loan for the Federal Direct Loan program, or establishing eligibility for a Pell Grant In the financial services industry, origination is the securing of a completed loan application from a borrower Originating a Direct Loan is comparable to certifying an FFEL loan application See also Certification of Loan Application
The process of creating both commercial and residential mortgages origination fee - The lenders fee charged a borrower to prepare documents, make credit checks, inspect and sometimes appraise a property Usually stated as a percentage of the face value of loan originator - A person who solicits builders, brokers, and others to obtain applications for mortgage loan Often called a loan officer
The process whereby the lender, or a servicing agent on behalf of the lender, handles the initial application processing and disbursement of loan proceeds
A call that is placed by the mobile subscriber, calling either a land-line circuit or another mobile subscriber
The first step in the mortgage loan process During the origination phase, a loan application is filled out with details of your financial position You will be asked to provide supporting documentation, such as tax returns, W2'S, paystubs, and bank statements
The completion of a loan application which details your financial position and begins the mortgage loan process (origination) As part of this first step, you will be required to provide past W-2s, pay stubs and other supporting documentation of your income Within three days, your loan officer must provide you with a Good Faith Estimate and a Truth-in-Lending disclosure
To give an origin or beginning to; to cause to be; to bring into existence; to produce as new; to be the first actor to play (a role)
For the first time since Douglas Fairbanks Sr. originated the role in the 1920 silent The Mark of Zorro, the hero will be played by a Hispanic actor. — James Hebert, Banderas puts his mark on 'Zorro' San Diego Union-Tribune, 12 July 1998 p.E1.
come into existence; take on form or shape; "A new religious movement originated in that country"; "a love that sprang up from friendship"; "the idea for the book grew out of a short story"; "An interesting phenomenon uprose"
bring into being; "He initiated a new program"; "Start a foundation" come into existence; take on form or shape; "A new religious movement originated in that country"; "a love that sprang up from friendship"; "the idea for the book grew out of a short story"; "An interesting phenomenon uprose" begin a trip at a certain point, as of a plane, train, bus, etc
One of the two operating modes of modems in full duplex The modem selects one of the two frequency bands, with frequency or phase modulation The calling modem normally uses originate mode, whereas the called modem is in answer mode With this system, two modems can send and receive at the same time, under these modulations
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