A service that allows a personal account holder to obtain account information and perform certain banking transactions through a personal computer.
A service that allows an account holder to view their banking statements through a secure area of a website.
The lesser of the two prices reflected in a home's appraisal and sales contract, at the time the loan is closed. For example, if a home's value is $140,000 in a sales contract, but is appraised at $130,000, the home's original value at the time of closing is $130,000.
The process of setting up a mortgage. This may include preparation of documents, checking credit histories, determining the property's value and determining the mortgage's interest rate and APR.
A lender may charge an origination fee to cover the costs of funding your loan. This fee will be included in your Good Faith Estimate.