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.

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.

 
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