We try our best to charge low origination fees. By processing all our loan application online, we are able to cut down cost and pass those savings onto our borrowers though low origination fees.
This is a one time fee that will be deducted from your loan amount before we disburse the loan. This is not refundable and can not be waived. The origination fee varies in amount- it starts at 0% and the maximum amount depends on a states usury limits. This charge can be found in your promissory note under your APR.
For more information on the difference between APR and interest rate please click here.