Anyone know of any companies that refinance student loans without a hefty origination fee? I have roughly 106k left in loans that I'll be done paying off in about 7 years that I'd like to get a lower rate for - currently 6-7.6% I went through the approval process with DRB and they can give me 5% fixed or 4.5% variable for 7 years but they want to charge almost $20,000 for the origination fee for the loan. That's 20% of the loan amount. That makes no financial sense to me and really does nothing to make me pay these off faster. I was wondering if all companies that refinance student loans have such a steep origination fee? Anyone have better experiences and can recommend another company I look at?
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