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Lender Fees
Typically included in fees associated with closing costs, sometimes called processing fees; designed to cover costs incurred by lenders during the loan process.
Lender, Mortgage Lender
The bank or finance company that directly awards home loan or mortgage money to a borrower or homebuyer. Legal-mortgagee.
Lien
A formal, legal symbol of money owed on a major asset such as property. Also, mortgage.
Loan
Money lent from a financial institution to a credit-worthy borrower(s) over a specified period of time and at a particular interest rate.