home equity loan

  • 21loan — money lent at interest.A lender makes a loan with the idea that it will be paid back as agreed and that interest will be paid for the use of the money. Glossary of Business Terms Temporary borrowing of a sum of money. If you borrow $1 million you …

    Financial and business terms

  • 22home loan — noun a loan secured by equity value in the borrower s home • Syn: ↑home equity credit, ↑home equity loan, ↑equity credit line • Hypernyms: ↑consumer credit, ↑loan * * * home loan noun A mortgage …

    Useful english dictionary

  • 23equity credit line — noun a loan secured by equity value in the borrower s home • Syn: ↑home loan, ↑home equity credit, ↑home equity loan • Hypernyms: ↑consumer credit, ↑loan …

    Useful english dictionary

  • 24Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… …

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  • 25Home Federal Savings and Loan Association — was a federal stock savings and loan association operating in Fayetteville, North Carolina, Lumberton, North Carolina, and Spring Lake, North Carolina with consolidated assets of $155.6 million, as of July 31, 1997. The Institution was wholly… …

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  • 26Equity — Represents ownership interest in a firm. Also the residual dollar value of a futures trading account, assuming its liquidation at the going market price. The New York Times Financial Glossary * * * equity eq‧ui‧ty [ˈekwti] noun equities… …

    Financial and business terms

  • 27equity — The value of a futures trading account with all open positions valued at the going market price. The CENTER ONLINE Futures Glossary Ownership interest in a firm. Bloomberg Financial Dictionary Also, the residual dollar value ( residual value) of… …

    Financial and business terms

  • 28Home mortgage interest deduction — Taxation An aspect of fiscal policy …

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  • 29Loan — For other uses, see Loan (disambiguation). Finance Financial markets …

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  • 30Loan-to-value ratio — The loan to value (LTV) ratio expresses the amount of a first mortgage lien as a percentage of the total appraised value of real property. For instance, if a borrower borrows $130,000 to purchase a house worth $150,000, the LTV ratio is… …

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