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

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The rise in rates since then has added roughly $300 to $350 to the monthly cost for a borrower financing a $400,000 home loan. — ABC News, 5 Nov. 2026 Key Republicans on the House Veterans' Affairs Committee vocally opposed VASP, which the Biden administration created after its own VA home loan disaster. — Quil Lawrence, NPR, 30 Oct. 2026 Triad is one of the biggest names in chattel mortgages — or a home loan used on a movable abode, where the owner doesn't necessarily own the land underneath. — Kelsey Neubauer, CNBC, 19 Oct. 2026 But home loan rates have been volatile, briefly dipping below 5% in February before climbing amid surging government bond yields, rising inflation and geopolitical tensions. — Aimee Picchi, CBS News, 9 Oct. 2026 See All Example Sentences for home loan

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“Home loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/home%20loan. Accessed 11 Nov. 2026.

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