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An origination fee is an upfront fee charged by a lender to process a new loan application. It acts as compensation for executing the loan.| Investopedia
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Annual Percentage Rate (APR) is the interest charged for borrowing that represents the actual yearly cost of the loan, including fees, expressed as a percentage.| Investopedia
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A credit report is a detailed breakdown of an individual's credit history, compiled by one of the three major credit bureaus.| Investopedia
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Foreclosure is the legal process by which a lender seizes and sells a home or property after a borrower is unable to meet their repayment obligation.| Investopedia
ACR Home Page| www.annualcreditreport.com