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 The average 10-year home equity loan carries an interest rate of about 8.8%, according to Bankrate. —

Daniel De Visé, USA TODAY, 20 June 2024 Here's what experts say Will home equity loan rates drop after the June Fed meeting? —

Kate Gibson, CBS News, 12 June 2024 Here's what experts say How much would a $60,000 home equity loan cost per month? —

Khristopher J. Brooks, CBS News, 8 June 2024 The foreclosure was on a $13 million junior loan, an additional loan similar to a home equity loan. —

Cody Copeland, Fort Worth Star-Telegram, 14 May 2024 How much would a $40,000 home equity loan cost per month? —

Megan Cerullo, CBS News, 10 May 2024 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

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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“Home equity loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/home%20equity%20loan. Accessed 15 Jul. 2024.

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