A fee charged by a lender for underwriting a loan. The fee often is expressed in "points;" a point is 1% of the loan amount.
A one-time fee charged by a lender fee that covers lender or mortgage broker's administrative costs to prepare the documents associated with mortgage and/or profit in processing a loan. Note: Application, Administration and Processing Fees are essentially the same thing and may be charged in addition to this fee.
Charge by a lender or broker connected with originating a loan. This is different from discount points which are used to buy down the rate of interest.