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

Bowie home equity loans news:

College choices get harder with downturn - Austin American-Statesman
For years, Mike and Kelly D'Addeo planned to use their trove of Intel Corp. stock options to send their son Tony to a top college. Tony would be a good candidate for any school: He's a straight-A senior at Bowie High School and captain of the ...

Rear Vision - Australian Broadcasting Corp.
As world leaders gather in Washington to address the current financial crisis, Rear Vision returns to a similar meeting in Bretton Woods, New Hampshire, following the crash of 1929, the Great Depression and World War II. This transcript was typed ...

November 2008 - Weblogs.baltimoresun.com
Whenever chaos rules the economy and financial markets, I try to find financiers who have fended off the storm and resisted the temptations that brought down their competitors. It's always a bit of a risk. The company that appears strong today may be ...

A transcript follows. - Washington Post
Read today's column . About Pearlstein: Steven Pearlstein writes about business and the economy for The Washington Post. His journalism career includes editing roles at The Post and Inc. magazine. He was founding publisher and editor of The Boston ...

Q&A Transcript - Washington Post
Washington Post columnist Steven Pearlstein will be online Wednesday, Nov. 19 at 11:00 a.m. ET to discuss the automotive bailout. Submit your questions and comments before or during the discussion. Read today's column . About Pearlstein: Steven ...

Justin, are you doing that David Bowie cut-up-words-to-form-song ... - bbc
Gallup.com measures three different voter group. In one of them "Likely-Voters-Traditional" the Obama lead is just 2%. BBC reports that Joe the Plumber is a fake. A registered republican without a plumber's licence, it has also surfaced that his name ...

Transcript: Color of Money Live - Washington Post
Read Michelle's latest columns , check out her Color of Money Book Club selection archive or sign up for her weekly e-mail newsletter. Michelle Singletary: Welcome all. I'm so glad you could join me. So let's get started. Silver Spring, Md.: Hi there ...

Maryann Haggerty and Elizabeth Razzi - Washington Post
Welcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty and columnist Elizabeth Razzi. Maryann has been with The Post for 18 years and has served as real estate editor for ...

Edwards fights foreclosure by hosting forum - Sentinel
Rep. Donna Edwards (D-Dist. 4) gathered regional officials in the effort to bring counseling services to distressed homeowners last Thursday morning at the Prince George's County Sports and Learning Complex in Landover. Edwards who, as a single ...