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News about Mortgages:
Housing may hold the key to the city - Worcester TelegramHousing may hold the key to the cityWorcester TelegramThis is a view of the buildings on the CitySquare site along Front Street in Worcester. (T&G Staff / TOM RETTIG) By Martin Luttrell and Lisa Eckelbecker ...
Business people - Worcester TelegramBusiness peopleWorcester TelegramWorcester-based Literacy Volunteers of Greater Worcester ( www.lvgw.org) has added Norman Pedersen and Lisa Antoniotti to its board of directors. ...
Sullivan & Worcester LLP Announces Acquisition of National Bankruptcy Group - Citybizlist (press release)Sullivan & Worcester LLP Announces Acquisition of National Bankruptcy GroupCitybizlist (press release)He is also experienced in representing institutional investors in net-lease financing, leveraged leases of equipment, real estate mortgage financing, ...
Property Transactions - Delmarva Daily TimesProperty TransactionsDelmarva Daily TimesThe following is a list of all real residential property sales for Somerset County From March 2-5, for Wicomico County for March 4-15 and for Worcester ...
Revenge of the redheads - Worcester TelegramRevenge of the redheadsWorcester TelegramWORCESTER — At 22, Corey F. Graves is probably taller than the adults he used to look up to — just as they reached down to pat his head. ...
Business people - Worcester TelegramBusiness peopleWorcester TelegramMinuteman owner Terrence C. Martin of Worcester has been named vice president/mortgage origination officer. Also, office manager/loan officer Donna M. ...
Delaware home sales show signs of promise - Delmarva Daily TimesDelaware home sales show signs of promiseDelmarva Daily TimesIn Worcester, there was a 28.9 percent drop in new single-family home contracts for February compared to the previous year, but settlements increased 42.1 ...and more »
New cloud over CitySquare's future - Worcester TelegramNew cloud over CitySquare's futureWorcester TelegramBy Lisa Eckelbecker and Nick Kotsopoulos TELEGRAM & GAZETTE STAFF WORCESTER — A mortgage holder has scheduled the foreclosure sale of three downtown ...and more »
They're hired! - Boston GlobeThey're hired!Boston GlobeThe Worcester resident took a job as a public relations director at Regis College, where she thrived until August 2008 -- when the school's communications ...and more »
Greater Boston Area Will Receive Real Estate Funds to Ease Foreclosures - The Quincy CoveThe Quincy CoveGreater Boston Area Will Receive Real Estate Funds to Ease ForeclosuresThe Quincy CoveWorcester will receive $700000 to demolish a former factory on 95 Grand Street to transform it into a mixed use development, as well as another $1310000 to ...and more »

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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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