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The leader in Northeast Michigan real estate(989) 733-6522Serving Onaway, Cheboygan, Rogers City and Indian River |
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Real Estate Glossary4 - A - B - C - D - E - F - G - H - I - J - L - M - N - O - P - Q - R - S - T - U - V - W -original principal balance The total amount of principal owed on a mortgage before any payments are made.origination fee A fee paid to a lender for processing a loan application. The origination fee is stated in the form of points. One point is 1 percent of the mortgage amount.owner financing A property purchase transaction in which the property seller provides all or part of the financing. |
| P.O. Box 478, Junction M-68 & M-33, Onaway, 49765 Phone: (989) 733-6522 Fax: (989) 733-2427 | |
| ©2006 State Wide Real Estate of Onaway. |   |