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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 or 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.
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