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 How much would a $250,000 home equity loan cost per month? Are no-penalty CDs a smart choice this spring? Sara Moniuszko, CBS News, 11 Apr. 2024 The plaintiff on the case, Ismael Rodriguez Perez, applied for a home equity loan at a First Tech Federal Credit Union location in California this past summer. Nicole Acevedo, NBC News, 5 Jan. 2024 What is the minimum credit score for a home equity loan in 2024? Aimee Picchi, CBS News, 29 Jan. 2024 And so with each home equity loan, car loan, and mortgage, banks add incrementally to the money supply. IEEE Spectrum, 30 May 2012 Biden to deliver State of the Union address on March 7 Nikki Haley ramps up criticism of Donald Trump days away from Iowa caucuses 4 great ways to use a home equity loan in 2024 Aliza Chasan Aliza Chasan is a digital producer at 60 Minutes and CBSNews.com. Aliza Chasan, CBS News, 9 Jan. 2024 How much would a $75,000 home equity loan cost per month? Anne Marie Lee, CBS News, 21 Dec. 2023 With inflation cooling will home equity loan rates drop? Aimee Picchi, CBS News, 13 Dec. 2023 Trending News How much would a $100,000 home equity loan cost per month? Anne Marie Lee, CBS News, 9 Oct. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'home equity loan.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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Cite this Entry

“Home equity loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/home%20equity%20loan. Accessed 17 Apr. 2024.

Legal Definition

home equity loan

see loan

Last Updated: - Updated example sentences
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