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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
Harrison home equity loans news:
Financial News
Matter of Record, November 17 - Wichita Falls Times Record News
Jo Nash vs. Kelly Wilson, 2131 Ave. F, $200,000.00, V3305 P885. Gary Writtenhouse vs. Jeff Prine, 1511 Nunneley Pl., #5, $1,248.37, V3306 P576. Workman, Tammy Michele, Wichita County, Chapter 7, Date Filed Oct. 29, Case No. 08-70448. Frazier, Phillip ...

November 2008 - Weekly Standard
Out on the tour circuit for his new book, "How Mitt Romney, the Fake Conservative, Almost Bought the Republican Primary With His Big CEO Money" "Do the Right Thing," Mike Huckabee took a break from bashing former rival Mitt Romney to take a few ...

Eaton Vance, Deerfield Sell Loans, Unwind Saps Credit (Update2) - Bloomberg
Oct. 23 (Bloomberg) -- Eaton Vance Management, Deerfield Capital Corp. and Babson Capital Management LLC are being forced to dump their loan investments as prices tumble, sparking even more selling and causing borrowing costs to rise. Investors sold ...

Borse Dubai May Pay More for Credit Swap-Linked Loans (Update1) - Bloomberg
Nov. 12 (Bloomberg) -- Borse Dubai Ltd., the Gulf emirate's state-owned operator of exchanges, is in talks to refinance $4.2 billion of loans at interest rates tied to the price of credit- default swaps, raising the cost of the debt, said three ...

News & Features Navigation - Minnesota Public Radio
Photo: #Larry Hiscock, executive director of the Harrison Neighborhood Association, stands next to Nelima Sitati. Harrison is one of the 18 neighborhoods included in the Minneapolis Advantage target area. The neighborhood already offers incentives to ...

HARRISON SMITH/TORONTO STAR FILE PHOTO - Toronto Star
We all need it. Many of us can't stop thinking about it. And one in eight of us makes a living from it. It's food. And Toronto's Medical Officer of Health Dr. David McKeown believes it's the perfect starting point to begin addressing important social ...

The Death of Stocks - Seekingalpha.com
I'd like to take a step back from the day-to-day gyrations of the unstable and volatile markets to take in the bigger picture. We have, for an entire generation, been indoctrinated of the notion that stocks are the best long term investment. Indeed ...

The buy-to-let battle is on - Times Online
It has been an uncomfortable fortnight for Britain's army of landlords. House prices are falling faster than at any point in the past 50 years and experienced lenders have been backing out of the market. Some commentators have been declaring the ...

Register for FREE - Wall Street Journal
The email address you have entered is already in use. Please re-enter the email address. It’s not just the middle class that has money worries. Even the affluent are worrying about running out of cash. American Express Publishing and Harrison Group ...

Workshop tackles foreclosure Nonprofit offers free, four-hour seminar ... - Las Vegas Review Journal
Trish, a Henderson woman who faces the prospect of losing her home to foreclosure, takes part in Olive Crest's Saturday workshop on surviving foreclosure. Olive Crest, a local nonprofit agency that focuses on family preservation, asked that ...

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