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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Traditionally, a home equity loan or home equity line of credit would be the first tool to reach for. — Kevin Williams, CNBC, 3 Oct. 2026 What are the monthly payments on a $90,000 home equity loan now? — Matt Richardson, CBS News, 16 Sep. 2026 See All Example Sentences for home equity loan

Rhymes for home equity loan

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Browse Nearby Words

home equity line of credit
home equity loan
home factor
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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 12 Oct. 2026.

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Legal Definition

home equity loan

see also:
loan
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