The newest addition to the CURT bike rack line is our tray-style bike rack. Like many of our other bike racks, the tray-style is hitch-mounted. It can fit a 1 1/4â or 2â receiver tube opening and has an anti-wobble shank, meaning your bicycles will not rattle back and forth while you drive. One of the features that sets the tray-style bike rack apart from others is its ease of use.
What Is A Loan Origination Fee? A loan origination fee can be defined as a charge that a lender requires a borrower to pay to get the loan1. Itâs a one-time charge commonly calculated as a percentage of the loan. For instance, a 1 percent origination fee on a $10,000 loan would be $100.
Loan origination fee: This is a big one. Itâs also known as an underwriting fee, administrative fee or processing fee. 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.