Loan Application Fee
nounloan ap·pli·ca·tion feepronounced LOHN ap-lih-KAY-shun FEE
Last reviewed 16 April 2026
What does the noun Loan Application Fee mean?
A one-off fee charged by the lender to process and set up your home loan. It covers administrative costs including credit checks, document preparation, and loan approval. About 39% of lenders charge this fee.
How the noun Loan Application Fee is used
The lender charged a $600 loan application fee to process our home loan, but our broker found another lender that waived it entirely.
Synonyms
establishment fee, loan setup fee
Related words
Cite this entry
MLA citation: "Loan Application Fee." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/loan-application-fee. Accessed 29 May 2026.
Chicago citation: How to Property. "Loan Application Fee." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/loan-application-fee.
APA citation: How to Property. (2026, April 16). Loan Application Fee. https://howtoproperty.com.au/definitions/loan-application-fee