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Mortgage Glossary - "L" Terms
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Land Contract
Late Charge
Late Payment
Late Payment Fee
Latent Defect
Lease
Lease Option
Leasehold Estate
Lease-Purchase Mortgage
Legal Blemish
Legal Description
Lender Fees
Lessee
Lessor
Letter of Intent
Leverage
Liabilities
Liability Insurance
Libor Rate
Lien
Life Cap
Life-Cycle Cost Analysis
Lifetime Rate Cap
Like-Kind Exchange
Line of Credit
Liquid Assets
Liquidated Damages
Liquidation
Liquidity
Lis Pendens
Listing
Listing Inventories
Livery of Seizin
Live-Work Space
Load-Bearing Wall
Loan Application
Loan Application Fee
Loan Commitment
Loan Origination
Loan Origination Fee
Loan Origination Fees
Loan Processing Fee
Loan Term
Loan-To-Value (LTV) Ratio
Loan-To-Value Ratio (LTV)
Local Taxes
Lock
Lock or Lock-In
Lock-And-Float
Lock-In
Lowball Offer
Low-Doc Loan
Low-Documentation Loan
Low-Down Mortgages
Low-Down-Payment Loan
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