: 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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Or could homeowners expect lower home equity loan and HELOC rates in the near future?—Aly J Yale, CBS News, 19 June 2026 Home Equity Loan For homeowners who prefer predictability, a home equity loan might be a better choice.—Kevin Cerveny, Kansas City Star, 15 June 2026 My bank has offered me a $25,000 home equity loan at 9% interest.—Jill Schlesinger, Mercury News, 8 June 2026 Most HEAs require 20% to 40% equity to qualify, while home equity loan and line-of-credit lenders require as little as 10%.—Kelsey Neubauer, CNBC, 29 May 2026 See All Example Sentences for home equity loan