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2008 (2665) - Dakota Voice► January 16 - January 23 (1) They both served in the Continental Congress. One was elected the second President and the other was elected the third. Once political enemies, they became close friends in later life. An awe swept America when they ...
Mortgage tax receipts - TriVallyCentralCommissioner of Finance William Carlin went further: "In all my 20 years in county government, I've never seen economic conditions so bad. The fall off in our mortgage tax revenue is indicative of the huge problems with housing and the economy at ...
County Mortgage Tax Report Doesn't Bode Well For Localities - Putnam County News and RecorderThe budget work for the new fiscal year beginning in January already complete, the Putnam County Legislature breezed through their sparselyattended regular meeting on Wednesday, November 5, 2008. The Legislators dispatched a slew of non-controversial ...
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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