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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
Arthur mortgage quotes news:
Financial News
US STOCKS-Futures drop as Lehman, fund fallout weigh - Forbes
NEW YORK , Sept 3 (Reuters) - U.S. stock index futures fell on Wednesday as news of the demise of a hedge fund partly owned by Lehman Brothers rekindled worries about the outlook for the beleaguered financial services sector. News that hedge ...

McCain’s vetter defends review of Palin - Ironton Online
ST. PAUL, Minn. (AP) — Sarah Palin voluntarily told John McCain’s campaign about her pregnant teenage daughter and her husband’s 2-decade-old DUI arrest during questioning as part of the Republican’s vice presidential search, the lawyer who ...

September 2005 - MSNBC
You've got to give Pat credit for consistency. He tells the battered Bush, the indicted DeLay, and the investigated Frist to save themselves by launching a culture war.  It's the same advice Pat gave the first President Bush after he lost a primary ...

Beautiful Miss Idaho in LCHS Parade - Spokane Spokesman-Review
How about a photo of Coeur d'Alene's newest Sweetheart to end the week? Miss Teen Idaho, Estrella Atkinson , a senior at Lake City High School, along rain soaked Sherman Avenue, Friday afternoon during the Lake City High School Homecoming Parade ...

Corrections and clarifications - Milwaukee Journal Sentinel
An article Wednesday about a proposed merger of Milwaukee County justice facilities incorrectly stated that the House of Correction is in County Supervisor Paul Cesarz's district. It is in Supervisor Mark Borkowski's district. An item in the Life ...

Wild Card -- Tuesday PM - Spokane Spokesman-Review
... laugh-read some of My Favorite Kinky Friedman Quotes. ... summer residence in Wellfleet, Cape Cod, with his dying ... and Sciences previously awarded to John Dos Passos, William Faulkner ...

McCain's Cheap Dates? - Slate
I don’t want my 17-year-old son to have to pick tomatoes or make beds in Las Vegas. ” Has Rove accidentally ripped the mask off the vicious social inegalitarianism of Bush's immigration plan, as Mark Krikorian argues , or does a more benign ...

01/16 - 01/23 (1) - Dakota Voice
Badlands Blue Dakota 21 Dakota Today DakotaWomen GraceLife Haggard News Hog House Blog Jay Reding.com Jim Rivers Report Mount Blogmore (RC Journal) Northern Valley Beacon Proud Liberal RadioActive Chief Rage in the Cage Robbinsdale Radical School-of ...

Clinton: Ending war first priority - Globe Gazette
MASON CITY — U.S. Sen. Hillary Clinton said Monday night she wants to end “cowboy diplomacy” and rejuvenate America’s middle class if she is elected president. Clinton, speaking to an estimated 750 people at the North Iowa Fairgrounds ...

Mickey Kaus - Slate
Has Rove accidentally ripped the mask off the vicious social inegalitarianism of Bush's immigration plan, as Mark Krikorian argues , or does a more benign interpretation of his comments save him? It's not like he hasn't said this sort of thing before ...

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