What does home equity loan mean?

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

What is another word for home equity loan?

Close synonyms include home loan, home equity credit, 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 loan a common word?

home equity loan 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 loan — meaning, pronunciation and definition

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 credit equity credit line
Broaderconsumer credit loan

Questions about home equity loan

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

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home equity loan

noun

Questions about home equity loan