L

31 terms

• Land Subsidence
• Land Use Restriction Addendum (LURA)
• Large Supervised Mortgagee
• Last Action Taken
• Late Charges
• Late Charges (applicable to HECMs only)
• LE - Life Expectancy
• Leasehold
• Legal Phases
• Lender Electronic Assessment Portal (LEAP)
• Lender Insurance (Li) Compare Ratio
• Liability Insurance
• LIBOR - London Interbank Offered Rate
• Litigation
• Live/Work Unit
• Living Trust (applicable to HECMs only)
• Loan Administration
• Loan Applicant.
• Loan Deferment
• Loan Estimate
• Loan Modification
• Loan Sample Risk Assessment
• Loan-To-Value (LTV)
• Loan-To-Value Ratio
• Loan.
• Local Distribution Lines
• LOMR - Letter of Map Revision
• Loss Mitigation
• Loss Mitigation Home Retention Option
• Loss Mitigation Option
• LTV - Loan-To-Value