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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Despite the Fed's three rate cuts last year, the average 30-year home loan remains near 7%, near 25-year highs.
—
Aimee Picchi, CBS News, 29 Jan. 2025
On the winning side of Wall Street was Mr. Cooper, which jumped 14.5% after the home loan servicer said it’s being bought by mortgage company Rocket in an all-stock deal valued at $9.4 billion.
—Stan Choe, Los Angeles Times, 31 Mar. 2025
In fact, most home loan documents require you to inform the lender or servicer.
—Nerdwallet, Orange County Register, 4 Mar. 2025
As a result, applications to refinance a home loan fell 13% for the week but were 70% higher than the same week one year ago.
—Diana Olick, CNBC, 19 Mar. 2025
See All Example Sentences for home loan
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Aimee Picchi, CBS News, 29 Jan. 2025
On the winning side of Wall Street was Mr. Cooper, which jumped 14.5% after the home loan servicer said it’s being bought by mortgage company Rocket in an all-stock deal valued at $9.4 billion.
—Stan Choe, Los Angeles Times, 31 Mar. 2025
In fact, most home loan documents require you to inform the lender or servicer.
—Nerdwallet, Orange County Register, 4 Mar. 2025
As a result, applications to refinance a home loan fell 13% for the week but were 70% higher than the same week one year ago.
—Diana Olick, CNBC, 19 Mar. 2025
See All Example Sentences for home loan
Cite this Entry
“Home loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/home%20loan. Accessed 4 May. 2025.
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