Acquisition fee
Acquisition fee
A charge in most auto leasing companies for originating the loan, just as mortgage lenders charge points as an origination fee. This could be called a bank fee or an administrative fee and can be paid up front or it is included or ‘rolled into' the gross cost. This fee covers items like obtaining a credit report, entering the lease in the data system, and general administrative task involved with assessing the loan.
Find Mortgage Rates
National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 5.02 |
| 15 yr fixed | 4.55 |
| 5/1 ARM | 3.99 |
Rates may contain points
