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GLOSSARY

GLOSSARY TERMS by Alpha
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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

Energy Efficient Mortgage (EEM)

A program designed by the FHA to help home buyers save money on utility bills. As part of the home purchase, this program allows home buyers to finance the additional cost of adding energy efficient features to a new or existing home.

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