The loan origination fee is a charge by the lender for evaluating and preparing your mortgage loan. This can cover document preparation, notary fees and the lenderâs attorney fees. Expect to pay about 1% of the amount youâre borrowing (a $300,000 loan, for example, would result in a loan origination fee of $3,000). Points: By paying points, you reduce the interest rate you pay over the life of your loan, which results in more competitive mortgage rates. One point equals 1% of the loan amount. So if the loan were $500,000, a 1-point payment would be $5,000.
Mayor Emanuel Announces Maria Guerra Lapacek to Be Director of Legislative Counsel and Government Affairs; Names Samantha Fields as Commissioner of the Department of Business Affairs and Consumer Protection. Mayor's Press Office 312.744.3334.
Return to Legislative Divisions. Marshall Lux, Ombudsman. The Office of the Public Counsel (also known as the State Ombudsman's Office) is an independent complaint-handling office for the use of citizens who have complaints about the actions of administrative agencies of state government, that is, the bureaucracy of state government.