home loan

noun

: a legal agreement in which a person borrows money to buy property (such as a house) and pays back the money over a period of years

Examples of home loan in a Sentence

Recent Examples on the Web

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Joe and Chelsea Gray, a married couple in Massachusetts, bought their house in 2018 with the help of the VA home loan program. —

Thomas G. Moukawsher, Newsweek, 4 Nov. 2024 Mortgage Rates Rise for Six Weeks Borrowing costs on a 30-year home loan have since crept higher after reaching a two-year low in September, peaking at 6.79 percent in early November. —

Matt Robison, Newsweek, 21 Nov. 2024 But instead of declining, home loan costs marched higher. —

Andrew Khouri, Los Angeles Times, 31 Oct. 2024 Cash-out refinancing Cash-out refinancing is a type of mortgage refinancing that lets borrowers get more than their existing home loan balance and receive the remaining funds as cash. —

Kelsey Neubauer, CNBC, 29 Oct. 2024 See all Example Sentences for home loan