Definitions
There is 1 meaning of the phrase
Home Equity Loan.
Home Equity Loan - as a noun
A loan secured by equity value in the borrower's home
Synonyms (Exact Relations)
equity credit linehome equity credithome loanExample Sentences
"I applied for a home equity loan to finance my home renovation project."
"Many homeowners use a home equity loan to consolidate their debts."
"The bank approved our home equity loan at a relatively low interest rate."
"I used a home equity loan to cover the cost of my daughter's college tuition."
"The couple decided to take out a home equity loan to fund their dream vacation."
