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Berks County residents support ban on cell phone use by drivers - Reading EagleBerks County residents support ban on cell phone use by driversReading EagleEvangeline Siera, 56, Reading, mortgage processor: "I think it would be great. You should not use a phone while driving. They should not allow it. ...and more »
The Problem with Brandon Shelvin - The INDsiderThe Problem with Brandon ShelvinThe INDsiderIn May 2009, the first lawsuit was filed in state district court against Shelvin and ThriftyWay Food Mart at Pinhook and Evangeline Thruway, ...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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