The origination fee for refinancing your loan is 6.5% of the disbursed loan amount. This fee is added to your disbursed loan amount.
Here’s how it works:
Example: If your disbursed loan amount is US $10,000, the origination fee would be US $650, which is 6.5% of US $10,000. Thus, your total loan amount would be US $10,650.
Ready to check your eligibility? Start your refinance loan application.
DISCLAIMER – Subject to credit approval, loans are made by Bank of Lake Mills or MPOWER Financing, PBC. Bank of Lake Mills does not have an ownership interest in MPOWER Financing. Neither MPOWER Financing nor Bank of Lake Mills is affiliated with the school you attended or are attending. Bank of Lake Mills is Member FDIC. None of the information contained in this website constitutes a recommendation, solicitation or offer by MPOWER Financing or its affiliates to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service.
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