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

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Applying for a Rocket Mortgage home equity loan Is a Rocket Mortgage home equity loan right for me? Kelsey Neubauer, CNBC, 2 July 2025 Savings experts weigh in $50,000 HELOC vs. $50,000 home equity loan: Which is cheaper this June? Aimee Picchi, CBS News, 18 June 2025 Its plan is roughly akin to the state of Illinois taking out a home equity loan and refinancing its mortgage, albeit on a grand scale. The Editorial Board, Chicago Tribune, 16 June 2025 What is a Figure HELOC? Unlike a home equity loan, which is disbursed in a lump sum, a HELOC gives borrowers a revolving line of credit. Kelsey Neubauer, CNBC, 18 May 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 19 Jul. 2025.

Legal Definition

home equity loan

see loan

Last Updated: - Updated example sentences
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