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News about Mortgages
Brevard First-Time Homebuyer Program Available - SpaceCoastDaily.com
Brevard First-Time Homebuyer Program AvailableSpaceCoastDaily.comThe Housing Finance Authority of Brevard County's First-time Homebuyer Program offers a 30-year, fixed rate mortgage. There is a 1% fee charged as either Origination or Discount (but may not exceed 1% total), zero discount points and zero doc stamps ... Foreclosure cases take longer despite new law - Orlando Sentinel
Foreclosure cases take longer despite new lawOrlando SentinelOrlando attorney John Englehardt, who represents mortgage lenders, said banks haven't used the new law because they don't want the foreclosed properties and would rather find a way to keep owners in their homes, making payments. "I've seen some of my ...and more » Glen Cannon Country Club Sold In Auction - Brevard NC - The Transylvania Times
Glen Cannon Country Club Sold In Auction - Brevard NCThe Transylvania TimesGreat Oak Pool is an LLC that was created by Hudson Realty Capital – the company that holds the mortgage on Glen Cannon – in the summer of 2013. Great Oak Pool, which is based in Delaware, was the only bidder at Thursday's auction. Douglas Ghidina ... Study Finds Vacation Rental Owners Making More Money - SpaceCoastDaily.com
Study Finds Vacation Rental Owners Making More MoneySpaceCoastDaily.comBREVARD COUNTY, FLORIDA — In industry research from the “HomeAway Vacation Rental Report: Owner Edition,” HomeAway Inc. reports strong performance of its vacation rental owners during the 2013-2014 winter season, and predicts a strong 2014 summer ...and more » REAL ESTATE: February Market Report - SpaceCoastDaily.com
SpaceCoastDaily.comREAL ESTATE: February Market ReportSpaceCoastDaily.comBREVARD COUNTY, FLORIDA — Florida's housing market reported higher median prices, more new listings, fewer days on the market and a stable level of inventory in February, according to the latest housing data released by Florida Realtors®. Florida's ...and more » Glenn Cannon Country Club Sold For $840000-Brevard, NC - The Transylvania Times
Glenn Cannon Country Club Sold For $840000-Brevard, NCThe Transylvania TimesHudson Realty Capital holds the mortgage on the property and although an email sent out earlier this month to country club members indicated that Hudson Realty would be entering a bid for Glen Cannon, Great Oak Pool – a Delaware-based LLC – was the ... Blount County real estate transfers for March 2 through March 8, 2014 - The Daily Times
Blount County real estate transfers for March 2 through March 8, 2014The Daily TimesJames R. and Virginia M. Waters to Brevard Partners of Tennessee, State Highway No. ... Fannie Mae, Federal National Mortgage Association and Morris/Hardwick/Schneider to Philip J. Basak, Hayes Property Laurel Road, Lot 2, District 15, $153,900.and more » Homes for Sale in Viera, FL by Lynn Stagl - Virtual-Strategy Magazine (press release)
Homes for Sale in Viera, FL by Lynn StaglVirtual-Strategy Magazine (press release)Lynn Stagl is a licensed real estate agent with National Realty Of Brevard, Inc. Lynn offers buyers a level of expertise based upon seven years experience. She will schedule a walk-through of available listings for ... Prior to the real estate closing ...and more » Home prices, sales still on upswing - Florida Today
Home prices, sales still on upswingFlorida TodaySingle-family home sales in Brevard County continued on a rosy run in February. Figures released by the FloridaRealtors organization show closed sales in February rose to 621, ... “We had ongoing unusual weather disruptions across much of the country ...and more »
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