Below is a mortgage glossary of terms. There may be words listed that no longer apply in todays market. Please call us if you have any questions.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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.