Dedham Mortgage Refinance and Information Online from competing Lenders
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News about Mortgages:
Redstone's firm in refinancing talks - Boston GlobeNEW YORK - Sumner Redstone's National Amusements Inc. is in talks to refinance $1.6 billion in unsecured notes and bank debt because of the stock plunges in CBS Corp. and Viacom Inc. , said a person close to the company. The "precipitous drop ...
Redstone cuts stake in Viacom, CBS by one-fifth - Boston GlobeLOS ANGELES - Sumner Redstone, the billionaire who controls Viacom Inc. and CBS Corp., is selling about one-fifth of his stake in the media companies to meet loan terms at his holding company, National Amusements Inc. The sale plan was disclosed ...
Redstone Won't Sell More Stock; Lender Talks `Smooth' (Update2) - BloombergNov. 13 (Bloomberg) -- Sumner Redstone said he has no plans to sell more stock in Viacom Inc. or CBS Corp., and that talks to restructure debt at his National Amusements Inc. ``are proceeding in a smooth and constructive manner.'' Redstone's closely ...
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.
View all Terms