|
Free Newsletter |
|
Keep yourself updated with our FREE newsletters now!
|
|
|
|
|
Contact Us |
|
Best Nationwide Loans
19600 Fairchild Road, Suite 290
Irvine, CA 92612
Toll Free: 888-801-3000
Fax: 888-595-7274
E-Mail Us
|
|
Loan Glossary O- Open End Mortgage
- A mortgage permitting the mortgagor to borrow
additional money under the same mortgage, with certain conditions,
usually as to the assets of the mortgage.
- 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, making a home loan, and recording a mortgage against the
borrower's real property as security for repayment of the loan. The origination
fee is stated in the form of points. One point is 1% of the mortgage amount
(e.g., 1,000 on a $100,000 loan).
|
|
|
Today's Rate |
| 5.0% |
| * 5.372% APR. The displayed annual percentage rates (APRs) include total Points and additional prepaid finance charges but do not include other Closing Costs. On adjustable-rate loans, rates are subject to increase over the life of the Loan. |
| Call: 888-801-3000 or Apply Online |
|
|
A Member of |
|
|
|
Loan Glossary 
