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- Land Transfer Fee
- The land transfer fee is a state tax imposed on a sale price of a property. The fee varies from state to state, but is either a flat rate or a percentage of the selling price. In Australia, the land ... view full definition of "Land Transfer Fee"
- Legal Fee
- A legal fee is paid to a broker or some other party who handles bank documentation and other paperwork on your behalf. It can also refer to other fees required during the purchase of a property, such... view full definition of "Legal Fee"
- Line of Credit
- A line of credit is a loan that lets you obtain funds at will within a specified time, and up to a given credit limit. It works much like a credit card, except that you can borrow and make repayments... view full definition of "Line of Credit"
- Loan Maintenance Fee
- The loan maintenance fee is an ongoing fee charged regularly to a borrower throughout the duration of a loan. It is meant to cover the costs of keeping the borrower's account active. The cost may be ... view full definition of "Loan Maintenance Fee"
- Loan to Value Ratio (LVR)
- The Loan to Value Ratio (LVR) refers to the amount of money borrowed against the total value of the property in a home equity loan. For example, a $100,000 loan against a home worth $200,000 has a Lo... view full definition of "Loan to Value Ratio (LVR)"