Mortgage Term Glossary

All | “ # A B C D E F G H I L M N O P Q R S T U V
Origination Fee
A fee paid to a lender for processing a loan application. The origination fee is stated in the form of points. One point is 1 percent of the mortgage amount.
Owner Financing
A property purchase transaction in which the party selling the property provides all or part of the financing.

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