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What does LEM stand for?

LEM stands for Location Efficient Mortgage

This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other meanings of LEM

Other Resources:
We have 113 other definitions for LEM in our Acronym Attic

Samples in periodicals archive:

He cites Fannie Mae's Location Efficient Mortgage program, which was launched in August 2002 to encourage homeownership by linking housing and public transportation resources, and "Built-Wise: Building Utah Intelligently, Learning to Wisely Impact our Supply of Energy," a loan program aimed to increase the supply of energy-efficient homes in the state.
The new lending program, the Location Efficient Mortgage (LEM), is designed to provide urban homebuyers as much as $50,000 more than their suburban counterparts to account for the "extra" savings that people who live in compact neighborhoods experience by driving less.