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EDITORIAL: In Assembly races, keep one incumbent, lose another - Lockport Union-SunSeveral local races are being held for seats in the New York State Assembly. In the 138th District, incumbent Francine DelMonte (D, Wor) is facing challenger Paula Banks Dahlke (R, C, I). The district includes the city of Niagara Falls and the towns ...
ELECTION 2008: There's a rematch in the 138th Assembly District - Lockport Union-SunEconomic development. Tourism. Seneca Niagara Casino. Property taxes. When they squared off for the first time in 2004, Francine DelMonte and Paula Banks-Dahlke discussed many of the same issues they find themselves talking about today. Four years ...
ELECTION 2008: Familiar issues in 138th Assembly race - Niagara GazetteEconomic development. Tourism. Seneca Niagara Casino. Property taxes. When they squared off for the first time in 2004, Francine DelMonte and Paula Banks-Dahlke discussed many of the same issues they find themselves talking about today. Four years ...
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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