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21-01-2024
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Buyers purchasing a home for $230,000 are obtaining a mortgage loan in the amount of $184,000, paying a 1.25% loan origination fee and a 1% loan discount fee. Based on this information, the total amount the buyer will pay at closing for the loan origination fee is
a) $2,300
b) $1,840
c) $2,875
d) $1,440

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