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.
The origination fee is how the lender makes money on the front end of the transaction. On average, home buyers pay 1% of the loan amount in the form of an origination fee. For example, on a loan of $300,000, a 1% origination fee would come out to $3,000. So the more money you borrow, the higher the fee. If your lender is charging you a mortgage origination fee much higher than 1%, you should ask them why.