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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With home equity loan funds being disbursed via a lump sum, you'll be expected to begin making full repayments almost immediately, too. — Matt Richardson, CBS News, 25 Aug. 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 1 Sep. 2026.

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Legal Definition

home equity loan

see also:
loan
Last Updated: - Updated example sentences
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