REAL ESTATE FINANCE GLOSSARY
L Terms
68 mortgage, lending, real estate and finance terms in this section.
Land AcquisitionConstruction & DevelopmentLand BasisConstruction & DevelopmentLand FinancingProperty TypesLand InvestmentProperty TypesLand UnderwritingProperty TypesLand ValuationProperty TypesLandlord InsuranceInsurance, Taxes & EscrowsLarge DepositCredit, Underwriting & BorrowerLate ChargeMortgage & Loan StructureLate PaymentCredit, Underwriting & BorrowerLease AbstractCommercial & MultifamilyLease ExpirationRental Property & DSCRLease GuarantyCommercial & MultifamilyLease OptionReal Estate Investment & OperationsLease RentRental Property & DSCRLease RolloverCommercial & MultifamilyLease-UpRental Property & DSCRLease-Up RiskReal Estate Investment & OperationsLeasing AgentReal Estate Investment & OperationsLeasing Commission (LC)Commercial & MultifamilyLegal Conforming UseAppraisal & ValuationLegal Nonconforming UseAppraisal & ValuationLender CreditMortgage & Loan StructureLender's Title PolicyTitle, Legal & ClosingLender-Paid CompensationMortgage & Loan StructureLetter of Explanation (LOE)Credit, Underwriting & BorrowerLetter of Intent (LOI)Real Estate Investment & OperationsLeverage RatioBusiness, SBA & FinanceLicensed ContractorFix & Flip / RenovationLienTitle, Legal & ClosingLien PositionMortgage & Loan StructureLien WaiverConstruction & DevelopmentLike-Kind ExchangeInsurance, Taxes & EscrowsLimited GuarantyTitle, Legal & ClosingLimited Partner (LP)Real Estate Investment & OperationsLine-Item BudgetFix & Flip / RenovationLiquidation ValueAppraisal & ValuationLiquidityCommercial & MultifamilyLiquidity RiskReal Estate Investment & OperationsLis PendensTitle, Legal & ClosingLoan AmountMortgage & Loan StructureLoan CommitmentMortgage & Loan StructureLoan CommitteeCredit, Underwriting & BorrowerLoan EstimateMortgage & Loan StructureLoan FileCredit, Underwriting & BorrowerLoan ModificationMortgage & Loan StructureLoan Origination FeeMortgage & Loan StructureLoan ProceedsMortgage & Loan StructureLoan ProgramMortgage & Loan StructureLoan PurposeMortgage & Loan StructureLoan TermMortgage & Loan StructureLoan-to-ACVFix & Flip / RenovationLoan-to-After-Construction Value (LTACV)Construction & DevelopmentLoan-to-ARVFix & Flip / RenovationLoan-to-Cost (LTC)Mortgage & Loan StructureLoan-to-Total-Cost (LTTC)Construction & DevelopmentLoan-to-Value (LTV)Mortgage & Loan StructureLocation AdjustmentAppraisal & ValuationLock ExtensionMortgage & Loan StructureLong-Term Rental (LTR)Rental Property & DSCRLoss of Rents InsuranceInsurance, Taxes & EscrowsLoss PayeeInsurance, Taxes & EscrowsLoss-to-LeaseCommercial & MultifamilyLot CostConstruction & DevelopmentLot ReleaseConstruction & DevelopmentLot Release PriceConstruction & DevelopmentLTC for Fix and FlipFix & Flip / RenovationLTV for Fix and FlipFix & Flip / Renovation