GradPlus Loan Origination Fee

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HOPEFORCHANGE
Posts: 340
Joined: Fri Feb 04, 2011 12:22 am

GradPlus Loan Origination Fee

Postby HOPEFORCHANGE » Thu May 19, 2011 9:17 pm

So I read somewhere that GradPlus has a loana origination fee of 4% UPFRONT. What does that mean? Do you have to pay them out of your pocket before they will give you the loan or is it added onto your loan cost or taken out of what they give you in loans? Thanks. Really curious about this.

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northwood
Posts: 4872
Joined: Fri May 14, 2010 7:29 pm

Re: GradPlus Loan Origination Fee

Postby northwood » Thu May 19, 2011 9:20 pm

Think its added onto the cost of the loan.

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fatduck
Posts: 4186
Joined: Mon Sep 13, 2010 10:16 pm

Re: GradPlus Loan Origination Fee

Postby fatduck » Thu May 19, 2011 9:20 pm

yup

HOPEFORCHANGE
Posts: 340
Joined: Fri Feb 04, 2011 12:22 am

Re: GradPlus Loan Origination Fee

Postby HOPEFORCHANGE » Thu May 19, 2011 9:24 pm

Ok, good. Have enough expenses. Thanks




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