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GradPlus Loan Origination Fee

Posted: Thu May 19, 2011 9:17 pm
by HOPEFORCHANGE
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.

Re: GradPlus Loan Origination Fee

Posted: Thu May 19, 2011 9:20 pm
by northwood
Think its added onto the cost of the loan.

Re: GradPlus Loan Origination Fee

Posted: Thu May 19, 2011 9:20 pm
by fatduck
yup

Re: GradPlus Loan Origination Fee

Posted: Thu May 19, 2011 9:24 pm
by HOPEFORCHANGE
Ok, good. Have enough expenses. Thanks