do i have to pay an origination fee 
most banks financial institutions and lenders charge an origination fee for any type of loan as a form of compensation for the loan process this includes personal loans debt consolidation loans mortgages home equity loans and others fees generally range from 0 5 to 1 of the loan balance so if you re asking for a 100 000 loan a 1 fee will be 1 000 some lenders may be willing to negotiate the fee which can be deducted from the loan disbursement or paid upfront keep in mind that you only pay the fee if you re approved 