Amortized Loan: A loan to be repaid, by a series of regular installments of principal and interest, that are equal or nearly equal, without any special balloon payment prior to maturity. Anniversary Date : The date upon which the twelfth payment is due. This occurs in the same calendar month and day each year thereafter on any MOP Promissory Note.
Annual Percentage Rate (APR): A percentage rate that reflects the amount of interest earned repco bank personal loan online charged.
Applicant: An eligible Appointee designated by one of the ten University campuses, Office of the President or, LBNL as eligible to apply for a loan under the UC Home Loan Program. Application Checklist : An itemized list of documentation that the borrower and the campus need to provide to the Office of Loan Programs for either pre-approval or loan approval.
Also known as form OLP-09. Appointee: A person who has been offered and has accepted a full-time position with the University of California.
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