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loan origination - The process by which a mortgage lender brings into existence a mortgage secured by real property. Lenders like to charge for this (see “Originination Fee”).
Also check out Mr. Thifty's Guide to Shopping for a Mortgage
About Mr. Thrifty: Mr. Thirfty's goal is to help others make the most out of their financial resources through education, suggestions and humor. If you like what you see, tell your friends about Mr. Thrifty!
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