LEM meaning in Business ?

Answer:

What is Location Efficient Mortgage mean?

Location Efficient Mortgage (or LEM) is a mortgage available to people who buy a home in locations where they don't need to rely on automobiles as much or at all for transportation. Location efficient mortgages allow people to buy more expensive homes than they normally would be able by factoring in the money they'll save on transportation costs. As of April 2006, LEM's are available in Seattle, Washington, Chicago, Illinois, Los Angeles, California and San Francisco, California.

The concept was developed by the Center for Neighborhood Technology and the Natural Resources Defense Council and is backed by Fannie Mae.

reference

Full Form	Category
Language Extention Module	Academic & Science
Light Electric Mobile	Academic & Science
Lemmon (sd)	Airport Code
Liquid Elastomeric Moulding	Business
Local Event Management	Business
Location Efficient Mortgage	Business
The LEarning Museum network project	Community
Leadership Exploration Meeting	Community
Lay Eucharistic Minister	Community
Lemuel	Community
Lutheran Episcopal Ministry	Community
Language Extension Module	Computing
Link Error Monitor	Computing
Line Extender Module	Computing
Lan Expansion Module	Computing
Lemur Finance	Cryptocurrency
Light Emotive Machine	Electronics
Large Eddy Model	General
Low End Mac	General
Log and Event Manager	General
Lunar Exploration Module	General
Low Equity Margin	General
Longitudinal Engine Mount	General
Lifecycle Emissions Model	General
League of Extraordinary Miniacs	General
Laboratorio Elettronico Mobile	General
Light Effect Manager	General
le Baron Medallion	General
Logic For Eco Modeling	General
Light Extinction Measurement	General
Learnable Evolution Model	General
Light And Electron Microscopy	General
Law Of Excluded Middle	General
Lentinula Edodes Mycelia	General
Lunar Escape Module	General
Law Enforcement Memorial	General
Log Event Manager	General
Law Enforcement Modificaton	Governmental
Law Enforcement Mechanism	Governmental
Life Energy Motion	Governmental
Linear Electric Motor	Governmental
Light Extinction Measure	Measurement Unit
Local Effect Model	Medical
Lentinus Edodes Mycelia	Medical
Light Easy Mobile	Military and Defence
Life Extension Mix	Military and Defence
Light Equipment Maintenance	Military and Defence
Lunar Entry Mode	Space Science
Laboratory Environment Model	Space Science
Launch Escape Monitor	Space Science
Lunar Excursion Module	Space Science
Lemmon Airport	Transport & Travel