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

Curry mortgage quotes news:

Ask Not What We Want to Hear - Common Dreams
Let 'em eat flags! This slap at voters otherwise concerned about their next mortgage payment comes, not from Marie Antoinette, but appears to be the message from the elitist managers at ABC News. Moderator Charles Gibson admonished Sen. Barack Obama ...

Recently in 2010 Category - New York Daily News
With Gov. David Paterson poised to become even more popular among aspiring junior US senators from New York , Democratic consultant Hank Sheinkopf suggests the governor might consider creating a "process" to select Hillary Clinton's successor to ...

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 ...

Mayor Newsom To Begin Alcohol Abuse Treatment - San Francisco Gate
Update: Online reaction to the recent news from Room 200 continues: Le Blog de San Francisco: The Chron: Alone In Spreading Republican Lies , What the Chron won't tell you , and WTF? SFist.com: You Knew it had to Happen and Today on As The Gav Turns ...

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 ...

Prospero’s Island? - Inside Higher Ed
We reached the island on the morning of Labor Day, as the last of the vacationers were closing up their summer rentals; they caught the afternoon ferry back to New Bedford. At peak times, there may be 300 people on Cuttyhunk. It is a tiny island with ...

Editor's Mailbag - Globe Gazette
I’m writing in response to the article in the Jan. 11 issue of the Globe Gazette titled “Casinos bristle at fines.” First, let me clarify that I am not defending casino gambling simply because I live in Worth County. I’m not defending ...

Emerging from the Bush/Cheney Cloud to Face PPPTSD and Learned ... - OpEdNews.com
After eight years of the dark cloud and litany of abuses cast by the Bush/Cheney administration, many of us are dealing with PPPTSD-- political, partisan PTSD and learned helplessness, even though America is back in the light. There are some answers ...

DIAMOND AND LIL SCRAPPY ARE ENGAGED - allhiphop.com
Do you know who D-Roc is? He's the big homey of The Notorious B.I.G. and a film maker-type. He’s got a new movie on Biggie that’s out in the stores. D-Roc was infamous for being convicted in a federal indictment over a 2001 shootout at Hot 97. He ...

Gay marriage backers threaten boycotts of pro-Prop. 8 restaurants - Los Angeles Times Blogs
Some opponents of Prop. 8 are threatening to boycott the businesses of people who donated money to the ballot measure that banned gay marriage in California. It was unclear how widespread the threats were, but an latimes.com database listing ...