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单词 home equity loan
释义

Examplesofhome equity loan

home equity loan
Ahomeequityloancreates a lien against the borrower's house and reduces actual home equity.
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Home equity loans come in two types: "closed end" (traditionally just called ahome-equityloan) and "open end" (aka a home-equity line of credit).
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This ratio increases when the homeowner takes a second mortgage orhomeequityloanusing the accumulated equity as collateral.
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Homeequityloancan be used as a person's main mortgage in place of a traditional mortgage.
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Prosecutors say loan shark victims obtained home equity loans to pay off debts to their mob bankers.
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The company provides mortgage and home equity loans to individual consumers and offers services for corporate clients.
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Fully amortizing securitizations are generally collateralised by fully amortizing assets such as home equity loans, auto loans, and student loans.
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It also aggressively originated loans brought to the company by third-party mortgage brokers, as well as originating a large number of home equity loans.
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However, it has since added some other financial services such as banking services, begun in 1878 and home equity loans, begun in 1997.
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Most home equity loans require good to excellent credit history, reasonable loan-to-value and combined loan-to-value ratios.
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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.
#https://dictionary.cambridge.org//dictionary/english/home-equity-loan##
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更新时间:2025/2/5 18:45:34