home equity
noun[U]
ukusFINANCE,PROPERTY
theamountofmoneythat someone wouldreceiveif theysoldtheirhouse, afterpayingwhatremainsof themortgage:
Do youpurchasealoanin the UK? In the US, you "take out" aloan.
Examplesofhome equity
home equity
A 2nd mortgage can be structured as a fixed amount to be paid off in a specific time, calledhomeequityterm.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.And whilehomeequitylines of credit have revolving terms the bulk of debt considered is true unsecured revolving debt incurred on plastic.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Net worth minushomeequityis the same except it does not include home ownership in asset calculations.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Prosecutors say loan shark victims obtainedhomeequityloans to pay off debts to their mob bankers.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These arrangements are variously called reverse mortgages, lifetime mortgages or "equity release mortgages" (referring tohomeequity), depending on the country.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The company provides mortgage andhomeequityloans to individual consumers and offers services for corporate clients.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Fully amortizing securitizations are generally collateralised by fully amortizing assets such ashomeequityloans, auto loans, and student loans.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.It also aggressively originated loans brought to the company by third-party mortgage brokers, as well as originating a large number ofhomeequityloans.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.However, it has since added some other financial services such as banking services, begun in 1878 andhomeequityloans, begun in 1997.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In 2009, the program helped more than 160 members restructure loans, accesshomeequityand take other steps.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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