Barbara & Bill Wilson and the Wilson Team Barbara & Bill Wilson and the Wilson Team Barbara & Bill Wilson and the Wilson Team Howard Hanna
Medina, OH Medina, OH Medina, OH Medina, OH Medina, OH Medina, OH Medina, OH

Real Estate Terms

Click on a link below for an alphabetized list of Real Estate and Mortgage Terms.

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

Original principal balance
The total amount of principal owed on a mortgage before any payments are made.

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 conventional loan, the loan origination fee refers to the total number of points a borrower pays.

Owner financing
A property purchase transaction in which the property seller provides all or part of the financing.

 

Ohio's #4 & Medina County's #1 Real Estate Agent Barbara Wilson
Bringing Buyers & Sellers Together Howard Hanna Million Dollar Producer 2010 Howard Hanna National Sales Excellence 2010 Howard Hanna Quality Service Award

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