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

Recent Examples on the Web
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How much does a $70,000 home equity loan cost monthly after the December Fed rate cut? Matt Richardson, CBS News, 23 Dec. 2025 As of last week, the average rate on a home equity loan was 8.11% and the variable rate on home equity line of credit (HELOC) was 7.85%, according to Bankrate. Jeanne Sahadi, CNN Money, 29 Oct. 2025 Mortgage and home equity loan delinquency rates, however, are still near historic lows, though both are starting to slowly rise. Giulia Carbonaro, MSNBC Newsweek, 23 Oct. 2025 How to apply with Third Federal Is a Third Federal home equity loan right for me? Kelsey Neubauer, CNBC, 18 Sep. 2025 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 7 Jan. 2026.

Legal Definition

home equity loan

see loan

Last Updated: - Updated example sentences
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