Dictionary
- O
Mortgage terms and definitions for
home buyers, home sellers, and real estate consumers. Use
the links below to find the word you're looking for.
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Origination
Fee -
The fee imposed by a lender to cover certain processing
expenses in connection with making a loan. Usually a percentage
of the amount loaned.
Owner
Financing -
A property purchase that is partly or wholly financed
by the seller.
Owner's
Title Policy -
A policy protecting the buyer for the amount of the purchase
price in the event of a future title dispute.