Origination fees are one of the many costs you should research when choosing a lender. When it comes to the closing costs you’ll face when signing the paperwork for your loan, the mortgage origination fee can be a significant number. It’s often 0.5% to 1% of your total loan amount.

NerdWallet constantly surveys mortgage providers about their origination fee and any other lender charges that will be included in your overall closing costs.

These lenders charge competitive origination fees.

Nerdy tip: Even for lenders that advertise loans with no origination fee, one may not be automatically offered — you may have to ask for loan terms that exclude an origination fee.