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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
Angelina mortgage rates news:
Financial News
Ten ways to save money in Sweden - Local
From cheap dates with movie stars to the latest free music service, Thanh Dinh has some great tips for biting back at the credit crunch. Carnegie to be broken up for eventual sale (21 Nov 08) Sweden may change bank loan guarantees (20 Nov 08) Sweden ...

Odds And Ends - New York Daily News
Barack Obama formally unveiled his economic team and the market rallied in a big way . Not to be upstaged, President Bush held a previously-unannounced meeting with Treasury Secretary Hank Paulson. More White House staff announcements . A new poll ...

Housing Demand Will Remain Strong in London - CNW Group
LONDON, ON, Nov. 20 /CNW/ - Demand for housing will continue to be strong in 2008 in the London Census Metropolitan Area (CMA), with new home starts and existing home sales well above their historical averages, according to Penny Wu, Canada Mortgage ...

Goodrich Petroleum Corporation Q3 2008 Earnings Call Transcript - Seekingalpha.com
Good day ladies and gentlemen and welcome to the Goodrich Petroleum Third Quarter 2008 Earnings Conference Call. My name is Jen and I will be your coordinator for today. [Operator Instructions] As a reminder this call is being recorded for replay ...

Feds Shut Down Illegal Spammers - PC World
WASHINGTON -- The U.S. Federal Trade Commission (FTC) has shut down four illegal e-mail spamming operations, including one that offered the opportunity to "date lonely wives," the agency said Thursday. Two of the other operations sending unwanted ...

Caroline Bankoff - New York Observer
Manager Chris Lighty , who has handeled 50 Cent , Busta Rhymes and Missy Elliot , has decided to get into the novelty act business by signing on to guide Ashley Dupre's musical career. [ P6 ] Alex Rodriguez split his Thanksgiving day between wife ...

Register for FREE - Wall Street Journal
The email address you have entered is already in use. Please re-enter the email address. The votes haven’t been counted yet. But if Sen. Barack Obama wins today’s presidential election and follows through on his campaign promises, the wealthy ...

November 2008 - Kansas City Star Blogs
This new $700 billion stimulus package could be broken into $14,000 no-interest loans to 50 million households to be used exclusively to pay down their household debt. This loan would be paid back from future tax refunds or Social Security benefits ...

Rick Sanchez Gets Dirty With Joe the Plumber - News Busters
Sheesh! Talking about rolling around in the dirt! CNN's Rick Sanchez was arguing taxes with Joe the Plumber (Samuel Joseph Wurzelbacher) yesterday and somehow couldn't figure out the concept of "principles." Ironically, Sanchez then showed just how ...

Nick Robinson's Newslog - bbc
"This novice is waiting with interest to see how that novice performs". So said David Cameron at last night's launch of americaintheworld.com (a new anti anti-American campaign). Thus the Tory leader made his claim to be the first British politician ...

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