Dictionary

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The Mortgage Dictionary contains a comprehensive list of mortgage terms used in the mortgage industry. This specialized dictionary is made available by the 18,000 REALTOR� members of the Houston Association of Realtors �. Please use Term Index section containing an alphabetical list of words with information about them.
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Origination Fee
A fee imposed by a lender to cover certain processing expenses in connection with making a real estate loan. Usually a percentage of the amount loaned, such as one percent.
 
Owner Financing
A property purchase transaction in which the property seller provides all or part of the financing.