The specific loan style and type. The person or company that lends money for a home. The person who borrows money for a home Opinion of Title A certificate, generally from an attorney, as to the validity of title to property being sold. Origination Fee A fee charged to borrower to cover costs associated with issuing the loan, such as credit checks, appraisal, and title expenses. The fees paid to induce lenders to make a mortgage loan.
Points have the effect of reducing the amount of money advanced by the lender.
To allocate between seller and the buyer their proportionate share of an obligation paid or due, for example, taxes or insurance. An interest rate which moves roughly in line with official interest rates. Information provided by ProForce Real Estate . Voted best news site in California and Nevada by the Associated Press Television and Radio Association.