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LC in Mortgage Meaning

The LC meaning in Mortgage terms is "London Country". There are 2 related meanings of the LC Mortgage abbreviation.

LC on Mortgage Full Forms

  1. London Country
  2. Line of Credit Generally an informal understanding between the borrower and the bank as to the maximum amount of credit that the bank will provide the borrower at any one time.

Frequently Asked Questions (FAQ)

  1. What does LC stand for Mortgage?

    LC stands for London Country in Mortgage terms.

  2. What is the shortened form of London Country in Mortgage?

    The short form of "London Country" is LC for Mortgage.

Citation

LC in Mortgage. Acronym24.com. (2022, March 26). Retrieved May 3, 2024 from https://acronym24.com/lc-meaning-in-mortgage/

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