a loan or credit line that is secured by the equity the borrower has in a home

English - Turkish

Definition of a loan or credit line that is secured by the equity the borrower has in a home in English Turkish dictionary

Related Terms

home equity loan

(Finans) Bir ev teminat gösterilerek kullandırılan kredi

If the payments are too high for a mortgage, the buyer can also take out a home equity loan to get more cash to settle his outstanding debts.

English - English

Definition of a loan or credit line that is secured by the equity the borrower has in a home in English English dictionary

(Finans) home equity loan

Hyphenation

a loan or cred·it line that I·s secured by the Eq·ui·ty the bor·row·er has in a home

Turkish pronunciation

ı lōn ır kredıt layn dhıt îz sîkyûrd bay dhi ekwıti dhi bärōır hız în ı hōm

Pronunciation

/ə ˈlōn ər ˈkredət ˈlīn ᴛʜət əz səˈkyo͝ord ˈbī ᴛʜē ˈekwətē ᴛʜē ˈbärōər həz ən ə ˈhōm/ /ə ˈloʊn ɜr ˈkrɛdət ˈlaɪn ðət ɪz sɪˈkjʊrd ˈbaɪ ðiː ˈɛkwətiː ðiː ˈbɑːroʊɜr həz ɪn ə ˈhoʊm/