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Thrower shaped youth sports scene in Bellevue - La Vista SunOne of the central figures on Bellevue's youth sports scene has died at the age of 85. Al Thrower, who helped build the Bellevue Junior Sports Association into one of the pre-eminent youth sports organizations in the metro area, died Thursday. "The ...
New FEMA map would put hundreds of Waverly homes in floodplain - La Vista SunWAVERLY - A Federal Emergency Management Agency (FEMA) five-year map modernization program is having a greater impact on the City of Waverly than anticipated. The map modernizations means changes to floodplain boundaries throughout Lancaster County ...
Tuesday Market Outlook: Dow Rallies Yet Again - Seekingalpha.comSo we had the biggest two day rally in the Dow Jones since 1987. There is a hope that Citigroup ( C ) is going to be the last big bank rescue. This has led to some seasonal cheer in stocks. Added into the mix the prospect of a $700bn New Deal style ...
I.E. Bizzwire - Inland Valley Daily BulletinThe San Bernardino Macy's is partnering with the Make-A-Wish Foundation to support Make-A-Wish's Believe Campaign. The fundraising campaign, which continues through the end of the year, is based on the famous "Yes, Virginia" letter from 1897. At the ...
Local Home Prices Slide to 34 Percent Below Peak - Voiceof San DiegoWednesday, Nov. 26, 2008 | The San Diego County housing market is increasingly propelled by foreclosure sales on the low end, while sales on the high end cool. Meanwhile, prices continue to fall across all levels of the price range. September home ...
Treasure Valley retailers await crowds - Idaho StatesmanA mall security guard tries to keep people in an organized line 30 minutes before opening the front doors of the Boise Towne Square mall at 1 a.m. Friday. Kari Davis of Eagle will be a newcomer to Black Friday - the annual day-after-Thanksgiving ...
Jurors hear confession tape in Randolph murder trial - Newark Star-LedgerAfter police caught Jonathan Zarate and two teen-agers trying to dump a trunk containing a Randolph girl's beaten and dismembered body into the Passaic River in Rutherford, Zarate told an investigator he had found his next-door neighbor dead. "I ...
Reverse mortgage limits double - La Vista SunOlder homeowners strapped for cash could get more help through changes implemented this week in a federal reverse mortgage program. Home values of up to $417,000 will be used nationwide as a basis for establishing the size of loans available from ...
'Granny flats' let aging relatives live close -- but not too close - Los Angeles TimesTami Moe plays with her grandson Rio in the backyard, which separates her “granny flat” from the main residence where her daughter and son-in-law live. She has lived there for six years. For some families, a second home on the same lot yields ...
Street of risk and loss - San Diego Union-TribuneOVERVIEW Background: More than 23,600 homes in the county have been subjected to foreclosure since 2005. Chula Vista claims about 14 percent, double its share of the county's housing stock. A closer look: A San Diego Union-Tribune analysis pinpointed ...
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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