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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
Lafayette mortgage quotes news:
Financial News
Obama has the edge over 'angry' McCain - Scotsman
THE words were sombre, even dull, but the body language told of the hostility building between Barack Obama and John McCain in their second US presidential debate on Tuesday. It was there in the gestures, the digs and then, right at the end, the ...

Stephanopoulos: Why No Ayers Attack? - ABC News Blogs
ABC News' George Stephanopoulos reports: One thing we didn't hear in last night's debate was John McCain launch the kind of personal attacks against Barack Obama that the McCain campaign has been telegraphing would come. On the campaign trail in ...

October September August July June May April March February January ... - Nypress.com
Well, it’s official: Rupert Murdoch (illustrated here in an episode of "The Simpsons") is the reigning king of corporate media and nothing sacred is safe from his grasp. According to The Wall Street Journal , News Corp has now secured enough votes ...

Today's most viewed articles - Portsmouth Herald
I want to personally thank the communities of Hampton, Seabrook, North Hampton, and Hampton Falls for their continued support of WHS. As voting day on March 11 approaches I am asking for your support of our budget for the school year 2008-09. Parents ...

Matthew Dowd - ABC News Blogs
One debate down, two presidential debates and one vice presidential to go, so let's take a look at the landscape. By nearly all accounts, Obama won the first debate, even though it wasn't overwhelming, but it will serve to give Obama a slight bump in ...

September 2008 - Kansas City Star Blogs
Where’s the deterrence preventing lowly accused criminals like Brandon Smith and Claude Sterling from killing valuable citizens like Devin Cassidy? (9/23, Local,”.‘ She’s touched a lot of people’; Family and friends remember Devin Cassidy ...

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