Sun City Mortgage Rates and Information Online from competing Lenders

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Marriotts indicted again - Corsicana Daily Sun
KAUFMAN – In a second round of indictments issued since August, a Kaufman County grand jury Friday charged four suspects with operating a criminal mortgage racket designed to defraud the government. Kandace Marriott, 52, and Darrell Lynn Marriott ...

To save adopted daughter, Calif. couple gives her up - Baltimore Sun
GUATEMALA CITY - Jennifer and Todd Hemsley had to give up their child to save her. Like thousands of other would-be parents, the California couple made a $15,500 down payment to a U.S. agency that guaranteed quick, hassle-free adoptions of Guatemalan ...

Postal Service investigates boss’s VIP mortgage - Las Vegas Sun
The Postal Service is investigating whether the nation's postmaster general improperly received a sweetheart deal on a mortgage from Countrywide Financial Corp., the chairman of the service's governing board said. Postmaster General John E. Potter is ...

Gamezone: 'Animal Crossing: City Folk' - Chicago Sun-Times
Very little has changed since we last caught up with the virtual world of "Animal Crossing." Up to four players can each own a house in one village (the difference this time is the houses are spaced out throughout the town). You still pick fruit from ...

US warship arrives in Georgian city of Batumi - Las Vegas Sun
The American embassy in Georgia says a U.S. Navy destroyer is making a routine visit to the country's port of Batumi. The USS Barry is the latest U.S. warship to visit the Caucasus country since its August war with Russia. An embassy spokesman says ...

Foreclosures double in New Bedford - Boston Globe
NEW BEDFORD - An Old World charm accentuates the working-class neighborhoods of this city, with quaint corner stores offering traditional Portuguese items and weathered fishermen heading out for work before the sun rises. But the empty, neglected ...

Gardener of the Week - Baltimore Sun
Joe Bragg's Bel Air backyard garden is so Margaritaville, it'll have you searching for the lost shaker of salt. "They call me 'Coconut Joe,'" said the mortgage loan officer, whose lush, tropical-themed backyard is a tribute to Jimmy Buffett's popular ...

Leaders say Red River Valley economy resilient - Jamestown Sun
FARGO, N.D. Officials say the economy of the Red River Valley is holding up well, despite problems in the national economy. Gate City Bank President Steve Swiontek said the Fargo-based bank has seen record numbers of mortgage loans and auto lending ...

New public works projects can't hurt in the short run - Arizona Daily Sun
New public works projects can't hurt in the short run If NAU or the city of Flagstaff has plans already drawn up, what's the harm in accelerating the work with government assistance? Thursday, November 20, 2008 There is economic stimulus, and then ...

Conspiring Failure - Cornell Daily Sun
If you read my last column, you may remember that I discovered the majority of people searching for the phrases, “McCain Letterman” and “McCain Leno” were from so-called “battleground” states. My hypothesis was that people from ...

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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.
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