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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
Moore mortgage loans news:
Financial News
Britain set for record-low interest rates - Times of Oman
LONDON: The Bank of England will Thursday slash interest rates for a third month running, bringing them to their lowest ever levels as Britain readies to join a growing list of nations officially in recession, analysts said. British interest rates ...

Comeback: Realtors Optimistic Market Will Improve - pilot.com
While home sales have slowed in other parts of the country, Moore County may be better positioned to come out ahead, according to several local Realtors. It's been mostly "doom and gloom" for the real estate market over the past year, with home ...

The Bank of Mom and Dad - Smart Money
Not that long ago , a middle-school band teacher like Mark Witt would have been able to finance a mortgage in Phoenix, no problem. Then the real estate market crashed, taking with it the easy-money mentality that made getting a loan as simple as ...

Court news - Hendricks County Flyer
Nathan Adam Daniel, Danville and Kisha Rachelle Zigler, Brownsburg. Anthony J. Dick, Plainfield and Kimberly A. Ehmen, Indianapolis. Travis Lee Fields, Carbon and Lindsey Sue Buck, Brownsburg. Nathan Andrew Finlay, Danville and Sarah Elizabeth Baker ...

Deschutes defaults spiked 228% in ‘08 - Bend Bulletin
We welcome comments from subscribers (E-Edition or print). Comments are solely the responsibility of those who post them; their viewpoints are not endorsed by The Bulletin or bendbulletin.com. The Bulletin and bendbulletin.com reserve the right to ...

How to survive new financial climate - Scotsman.com
A TUMULTUOUS 12 months has left many of us in a state of financial flux. From investments and savings to loans and mortgages, markets have changed dramatically, making it essential to check your finances are on the right track. So as we enter the new ...

Capitol Buick-Pontiac-GMC Closes, Punctuating A Sour Year For Car ... - San Jose Mercury News
A bleak year for Silicon Valley auto dealers ended this week with the closing of yet another General Motors dealership. Capitol Buick-Pontiac-GMC on Capitol Expressway Auto Mall in San Jose shut its doors abruptly on Tuesday. Late Wednesday afternoon ...

Brace yourself: 2009 likely to be worse than 2008, economists say - Milwaukee Journal Sentinel
Think 2008 was bad? From Washington and Wall Street to the internal forecasts at Wisconsin Energy Corp., economists uniformly expect 2009 to be worse. "I wouldn't trust any forecast that showed any recovery before the third or fourth quarter," said J ...

A fast economic recovery? Yes, if stimulus is big enough, forecasters ... - San Jose Mercury News
Economics as the dismal science? Not in some quarters. In the midst of the deepest recession in the experience of most Americans, many professional forecasters are optimistically heading into the new year declaring that the worst may soon be over ...

Matter of Record, January 5 - Wichita Falls Times Record News
State Farm Mutual Automobile Insurance Co. vs. Joshua Eric Melton, 4118 Palomino, $4,616.49, V3317 P802. County of Williamson vs. Travis A. Holland, et al, 1419 N. 7th, $2,025.29, V3318 P20. Gant, Kenneth Adrian, Wichita County, Chapter 7, Date Filed ...

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