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 LOAN TYPES
For a full list and description of available loan types click below.
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PROPERTY TYPES
For a full list and description of eligible property types click below.
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GLOSSARY |
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Original Principal Balance
The total amount of principal owed on a mortgage before any payments are made.
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Origination Fee
On a government loan the loan origination fee is one percent of the loan amount, but additional points may be charged which are called "discount points." One point equals one percent of the loan amount. On a commercial loan, the loan origination fee refers to the total number of points a borrower pays.
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Owner Financing
A property purchase transaction in which the property seller provides all or part of the financing.
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