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GLOSSARY

 GLOSSARY TERMS by Alpha
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TOP LOANS
1. 1 2 3 Online Cash
Personal Loans
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2. Lending Tree
Home Loans
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3. My Auto Loan
Auto Loans
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4. Lower My Bills
Consolidation Loans
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Earnest money
EMI
Energy Efficient Mortgage (EEM)
Entitlement
Equal Credit Opportunity Act (ECOA)
Equity
Equity loan
Equity Participation
Escrow
Escrow account
Escrow payment; also "impounds" or "reserves" in some states
Expected Family Contribution (EFC)
Extended Mortgage

Expected Family Contribution (EFC)

The amount a student's family is expected to contribute toward college costs. The U.S. Department of Education calculates a student's EFC based on information provided on the Free Application for Federal Student Aid (FAFSA).

Previous Loan Term: Escrow payment; also "impounds" or "reserves" in some states
Next Loan Term: Extended Mortgage


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