Lot description which is registered, as we know it, in the Land Register.

A one time set up fee charged by the lender.

(LTV) The amount of the mortgage in relation to the lesser of the sales price or appraised value of the property.

Lender's guarantee of rate, discount and program for specified term. Lock-in typically runs 15 to 60 days from borrower application.

(Loan-to Value Ratio) The amount of the mortgage in relation to the lesser of the sales price or appraised value of the property.