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 party selling the property provides all or part of the financing.
We are a licensed mortgage lender approved by the banking departments in the States of CT, DE, MD, NJ, NY, PA, FL. QuikFund, Inc. is a licensed mortgage lender, not a depository institution, and does not take deposits.
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