Benton Mortgage Refinance and Information Online from competing Lenders
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out! Please fill out this form before rates go up. This may be your last chance to have an opportunity to lower your monthly payments, make
home improvements, consolidate your debt, or get a mortgage as low as $695 per month. The fastest and easiest way to get a mortgage in the state
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News about Mortgages:
Tri-City homeowners make use of refinancing program - Tri-City HeraldHundreds of local homeowners have taken advantage of a program to refinance their mortgages in the last year into a Federal Housing Administration-insured, fixed-rate mortgage. The FHASecure program started in September 2007 and is designed to get ...
Tri-City mortgage market grows with FHA-backed loans - Tri-City HeraldMike Martin recently refinanced out of an adjustable rate mortgage and into an Federal Housing Administration loan for his Richland home. Though the real estate market has slowed in the Tri-Cities, the number of FHA-backed loans has grown. Getting ...
Jetride Inc. Grounded - Morning NewsSPRINGDALE -- Not quite six years after it started, Jetride Inc. (formerly known as Pinnacle Air LLC), has surrendered its flight operating certification to the Federal Aviation Administration. On Monday, all planes were officially grounded and the ...
You mess in our backyard ... - Arkansas TimesMost interesting news from Stephens Media , if you're into the newspaper business. CABOT - Stephens Media Group today announced the purchase of five Central Arkansas newspapers from Magie Enterprises Inc., a family-owned publishing company that has ...
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