: 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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Replacing that balance with a home equity loan at 9% could substantially reduce your interest costs.—
Angelica Leicht,
CBS News,
22 Oct. 2026 One of the most common ways to finance this kind of project is to borrow against your home's value with a home equity loan or home equity line of credit, also known as a HELOC.—
Kelsey Neubauer,
CNBC,
19 Oct. 2026 See All Example Sentences for home equity loan