home loan Synonyms
No Synonyms and anytonyms found
home loan Meaning
Wordnet
home loan (n)
a loan secured by equity value in the borrower's home
home loan Sentence Examples
- The young couple eagerly applied for a home loan to purchase their first house.
- The terms and conditions of the home loan were carefully reviewed by the prospective homeowners.
- The bank offered a competitive interest rate on the home loan, enticing many applicants.
- The homeowner diligently made monthly payments towards their home loan, reducing their outstanding debt.
- The home loan was secured against the property purchased, providing the lender with collateral.
- The mortgage company processed the home loan application efficiently, allowing the buyers to move into their new home quickly.
- The government introduced incentives to encourage more individuals to obtain home loans.
- The amortization schedule of the home loan clearly outlined the breakdown of principal and interest payments over time.
- Refinancing the home loan allowed the homeowners to secure a lower interest rate, saving them money.
- The home loan documentation was meticulously examined by a lawyer before the final signing.
FAQs About the word home loan
a loan secured by equity value in the borrower's home
No synonyms found.
No antonyms found.
The young couple eagerly applied for a home loan to purchase their first house.
The terms and conditions of the home loan were carefully reviewed by the prospective homeowners.
The bank offered a competitive interest rate on the home loan, enticing many applicants.
The homeowner diligently made monthly payments towards their home loan, reducing their outstanding debt.
