The origination fee for refinancing your loan is 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 $200, which is 5% of US $10,000. Thus, your total loan amount would be US $10,200.
Ready to check your eligibility? Start your refinance loan application.