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.
Owner Financing - A property purchase transaction in which the property seller provides all or part of the financing.
Real Estate Headquarters Co.,
20 NE Hogan Drive, Gresham, OR 97030
Equal Housing Opportunity. Real Estate Headquarters Co. is licensed in the state of OR. All information provided is deemed reliable but is not guaranteed and should be independently verified. 