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Real Estate Glossary: O

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  • 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.


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101 NE 3rd Ave.  Suite 1270
Ft Lauderdale, FL 33301
P: 954-359-3000
info@FloridaStateRealtyGroup.com

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