What does home equity credit mean?

home equity credit means "a loan secured by equity value in the borrower's home".

What is another word for home equity credit?

Close synonyms include home loan, home equity loan, equity credit line. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is home equity credit a common word?

home equity credit is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.

Home equity credit — meaning and 3 synonyms

noun

1 senseA person, place, thing, quality or idea.

1.
a loan secured by equity value in the borrower's home
Synonymshome loan home equity loan equity credit line
Broaderconsumer credit loan

Questions about home equity credit

What does home equity credit mean?: home equity credit means "a loan secured by equity value in the borrower's home".
What is another word for home equity credit?

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home equity credit

noun

Questions about home equity credit