What does home loan mean?
Definitions for home loan
home loan
This dictionary definitions page includes all the possible meanings, example usage and translations of the word home loan.
Princeton's WordNet
home loan, home equity credit, home equity loan, equity credit linenoun
a loan secured by equity value in the borrower's home
ChatGPT
home loan
A home loan, also known as a mortgage, is a financial loan acquired from a bank or mortgage lender to purchase a house, condominium, or other residential property. The borrower agrees to pay back the loan, with interest, over a specific period until the full amount is paid and the property becomes entirely their own. The property itself is used as collateral, meaning if the borrower fails to make repayments, the lender has the right to seize and sell the property to recover the debt.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of home loan in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of home loan in Pythagorean Numerology is: 2
Examples of home loan in a Sentence
It means access to life insurance, home loan insurance, tuition benefits and help with health care. It means new facilities, improved care, more research and increased hiring and retention of health care workers treating veterans.
We encourage customers to continue making their home loan payments if they can.
When the market started to pick up in 2014, lots of families were using a mortgage or a home loan. We see less and less of that now which strongly suggests that the money is coming from (overseas) families in cash.
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"home loan." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/home+loan>.
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