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Today's Mortgage Terms starting with L

Lender:

The bank, mortgage company or mortgage broker providing the loan.

Loan Application:

A statement of personal and financial information needed to apply for a loan.

Loan Application Fee:

A fee applied by a lender to cover the initial costs of putting through a loan application. The fee could include the cost of getting a property appraisal, a credit report and a lock-in fee and other closing costs incurred to complete the transaction.

Loan Origination Fee:

Fee charged by a lender for the administrative costs of processing a loan.

Loan to Value Ratio (LTV):

The balance of the mortgage outstanding as a percentage of the home's price.

Lock or Lock In:

A lender's guarantee of an interest rate for a specific period of time. The time period is usually between the loan application approval and loan closing. The borrower wants the lock to stay in effect until closing.

View all Terms
Taylor mortgage quotes news:
Financial News
To: news@ctv.ca - Globe and Mail
Your behaviour surrounding the interview with Mr. Dion has been disgraceful. Your interviewer asked a total botch of a question, and when asked to clear it up merely repeated it. Your guest showed enough respect to try to find out what the ...

How Technology Can Help Aleviate Economic Fears - Mashable.com
Earlier today, Aaron Brazell over at Technosailor invoked his fellow technology bloggers to speak up and become leaders through what he sees as “the darkest hour in our recent history.”  We need leaders. We need people who are going to step up ...

Not "The Senator," But "That One" - Nation
The proper, respectful and appropriate description for an foe in a debate between two senators is "the senator" or -- if there is a desire to get flowery -- "my distinguished colleague." But Arizona Senator John McCain, who after a quarter century on ...

Palin Makes Troopergate Assertions that Are Flatly False - ABC News Blogs
On Saturday, Alaska Gov. Sarah Palin twice spoke to reporters about the so-called "Troopergate" scandal and the investigative report on whether she had abused her power in trying to get her sister's ex-husband Mike Wooten fired as a state trooper ...

At the Foothills of the Smokey Mountains, Obama Assails McCain Attacks - ABC News Blogs
ASHEVILLE, N.C. -- The McCain campaign’s telegraphed change of strategy to focus on Sen. Barack Obama's judgment and associates elicited a strong response from the Democrat today, who told an audience here that now is not the time to "turn the page ...

October September August July June May April March February January ... - Nypress.com
Well, it’s official: Rupert Murdoch (illustrated here in an episode of "The Simpsons") is the reigning king of corporate media and nothing sacred is safe from his grasp. According to The Wall Street Journal , News Corp has now secured enough votes ...

Stock & fund quotes - ninemsn
LONDON, Sept 8 (Reuters) - Britain's top share index surged 3.6 percent on Monday as banks jumped after Washington took control of mortgage finance companies Fannie Mae and Freddie Mac to support the U.S. housing market. By 0728 GMT, the FTSE 100 ...

Sentiment and history - bbc
Sentiment and history Brian Taylor 17 Sep 08, 12:41 PM Things fall apart, the centre cannot hold. Confronted with tales of financial apocalypse - and political bickering - I find myself meandering towards Yeats. At Holyrood, we are, mostly, mere ...

STOCKS NEWS EUROPE-Greek Metka shares surge after Syria deal - Forbes
Shares in Metka, Greece's biggest power plant builder, surge after it said it won a 650 million euro ($932.4 million) contract to build a facility in Syria. Metka shares are up 12.7 percent at 13.66 euros a share in afternoon trade. 'This is a very ...

The lipstick strategy - bbc
The lipstick strategy Brian Taylor 22 Sep 08, 01:47 PM A standard political wheeze is to imply that your opponents embody the characteristics of others or are in some way masking their true thoughts. Here in Manchester at the Labour conference we may ...

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