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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
Vernon mortgage quotes news:
Financial News
Thinking Right - Atlanta Journal Constitution
All the entries posted in August. Is Hillary married? Just asking. In many ways, it was a strange speech from Hillary. For one, there was no acknowledgment that any man in her life might be anywhere that mattered. Bill sat, looking proud and almost ...

August 2008 - Posts - MSNBC Firstread
Unlike last night, speakers at the Democratic convention this evening took off their gloves, attacking McCain and linking him to President Bush . Pennsylvania on the attack Although Clinton won Pennsylvania during the primaries and Gov. Ed Rendell ...

Corrections and clarifications - Milwaukee Journal Sentinel
An article Tuesday about Hispanic voters in the Midwest incorrectly identified Phil Walzak. He is a spokesman for Democrat Barack Obama's presidential campaign, not for Republican John McCain's campaign. A quote Tuesday in a Public Investigator ...

Wild Card -- Tuesday PM - Spokane Spokesman-Review
Issue : Washington Post confirms 'Deep Throat' ID: Ex-FBI official W. Mark Felt says he was Watergate source /Associated Press. DFO : Not that it makes any difference, but it's nice to know who Deep Throw is/was. And that he, indeed, was a reliable ...

April 2008 - Weekly Standard
Nearly half of Democrats (48 percent) think Hillary Clinton has a better chance of beating John McCain in November — 10 percentage points higher than the 38 percent who think Barack Obama can win, according to a FOX News poll released Wednesday ...

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