ZERO DOWN
NO Closing Costs
6.25% Rate*
Assistance Available to Qualified
Buyers
*6.74 APR subject to change.
Available to qualified buyers.
Back to main Glossary page
Origination fee. A fee paid to a lender for processing a loan application; it is stated as a percentage of the mortgage amount, or points.
Owner financing. A purchase in which the seller provides all or a part of the financing.
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