A loan origination fee is a fee paid to the lender,generally in the $1,200 to $1,300 range,and covers some of their costs of processing and finalizing the loan.

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A loan origination fee is indeed paid to the lender to cover the costs of processing the loan, but the amount can vary widely and is not generally in the $1,200 to $1,300 range. It's typically a percentage of the loan amount, often between 0.5% and 1%.

A Loan Origination Fee Is a Fee Paid to the Lender,generally