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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)

Example 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."
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