Please Select the First Letter of Your Term: A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z    Please note that not all mortgage terms are in our database. We are constantly adding new terms so check back a at later date if you do not find the term you are looking for. Liabilities   Your debts and other monetary obligations. Lien   A claim or charge on property for payment of some debt. With respect to a mortgage, it is the right of the lender to take the title to your property if you do not make the payments due on the mortgage. Loan Origination Fees   The fee paid to your mortgage lender for processing the mortgage application. This fee is usually in the form of points. One point equals 1% of the mortgage amount. Lock-in rate   A written agreement guaranteeing a specific interest rate when your mortgage closes. Low-Down-Payment Feature   A feature of a mortgage, usually a fixed-rate mortgage that helps you buy a home with as little as a 3% down payment.