home equity loan

noun

: a loan based on the amount of equity a person has in his or her home

Examples of home equity loan in a Sentence

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That’s still shorter than a traditional mortgage, which can take more than 40 days, and a home equity loan, which can take anywhere from two weeks to two months. —

Kelsey Neubauer, CNBC, 3 Dec. 2024 Here's what Trump's FCC pick, Brendan Carr, wrote in Project 2025 How far have home equity loan interest rates fallen in 2024? —

Megan Cerullo, CBS News, 19 Nov. 2024 Many North Carolina students return to class for first time since Helene Is a reverse mortgage or home equity loan better for seniors? —

Megan Cerullo, CBS News, 25 Oct. 2024 What causes home equity loan interest rates to drop? —

Aimee Picchi, CBS News, 23 Oct. 2024 See all Example Sentences for home equity loan

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“Home equity loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/home%20equity%20loan. Accessed 22 Dec. 2024.

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