A B C D E F G H I J L M O P R S T U V #

Offer

Indication by a potential buyer of a willingness to purchase a home at a specific price; generally put forth in writing.

Origination

The process of preparing, submitting, and evaluating a loan application; generally includes a credit check, verification of employment, and a property appraisal.

Origination Fee

The charge for originating a loan; is usually calculated in the form of points and paid at closing.