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

Dewey mortgage quotes news:

McCain slams Obama on 'redistribution of wealth' - Boston Globe
Conservative bloggers and websites have been flogging it, and now John McCain's campaign has put its imprimatur on it: a newly disclosed radio interview in which Democratic rival Barack Obama talks about the redistribution of wealth. The interview ...

October 2008 - New York Daily News
RIP Studs Terkel . (Man, is that a bummer). John McCain is sure he and Sarah Palin will "fool the pundits one more time." McCain called Obama, Harry Reid and Nancy Pelosi "the tax trifecta from hell." An RNC Web ad portrayed the three Democrats as ...

Big Bankers Blink; Paulson's Unprecedented Power; Shock and Awe Hints ... - OpEdNews.com
Today's Wall Street Journal reports how Henry Paulson summoned the heads of the top banks in America to meet with him on Monday. On one side of the table sat Treasury Secretary Henry Paulson, flanked by Federal Reserve Chairman Ben Bernanke and ...

Obama leads McCain by 12 points in Colorado polls - Rocky Mountain News
Have you already cast your ballot in the election by voting by mail or early? Sen. Barack Obama has surged to a commanding, double-digit lead in Colorado amid soaring anxiety about the country's direction and a massive shift of independent voters ...

Unhelpful messages - bbc
McCain is now accused of palling around with dictators . I cannot see this swinging votes to Obama in Indiana or Virginia or Iowa or anywhere else where he needs to close the deal BUT it does allow the conversation in these crucial last days to be ...

'Muzzled' Biden's Halloween Present: A Press Avail - ABC News Blogs
ABC News' Matthew Jaffe reports: Earlier this week, Republicans claimed that Sen. Joe Biden, D-Del., had been “muzzled” by the Democratic campaign, noting that he had not held a full-fledged press availability with traveling reporters since a ...

Political Punch - ABC News Blogs
Jake Tapper is ABC News' Senior White House Correspondent based in the network's Washington bureau. He writes about politics and popular culture and covers a range of national stories. LEESBURG, VA -- "I cant imagine a more beautiful setting for us ...

Let's Call Him Liberal, Socialist Barack Hussein Obama - OpEdNews.com
They attacked and vilified him for his middle name Hussein, expecting to tap the racism and xenophobia in voters. Thousands on facebook and twitter changed their user names to include the middle name. His election has instantly changed the way that ...

McCain calls Obama and Democrats 'dangerous' - Cleveland Plain Dealer Blog
CLEVELAND - Sen. John McCain, on Monday, labeled his presidential rival Sen. Barack Obama and Democratic congressional leaders as "dangerous" to the economy because of expected substantial spending and tax increases. McCain's comments followed a ...

Corrections and clarifications - Milwaukee Journal Sentinel
An article Friday in Weekend Cue about John Osmanski, founder of Osmanium's Crackheads chocolate-covered espresso beans, incorrectly stated that one box of Crackheads is equivalent to six cups of coffee, 7 1/2 energy drinks or 11 cans of cola ...