GradPlus Loan Origination Fee Forum

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HOPEFORCHANGE

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GradPlus Loan Origination Fee

Post by 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

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Re: GradPlus Loan Origination Fee

Post by northwood » Thu May 19, 2011 9:20 pm

Think its added onto the cost of the loan.
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fatduck

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Re: GradPlus Loan Origination Fee

Post by fatduck » Thu May 19, 2011 9:20 pm

yup
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HOPEFORCHANGE

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Re: GradPlus Loan Origination Fee

Post by HOPEFORCHANGE » Thu May 19, 2011 9:24 pm

Ok, good. Have enough expenses. Thanks
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