home loan

noun

: a legal agreement in which a person borrows money to buy property (such as a house) and pays back the money over a period of years

Examples of home loan in a Sentence

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Applications to refinance a home loan surged 27% week to week and were 42% higher than the same week one year ago. Diana Olick, CNBC, 11 Dec. 2024 For example, if a customer qualifies for a home loan, the platform could automatically connect them with insurance providers in an integrated, frictionless experience. Monica O'Reilly, Forbes, 10 Dec. 2024 Despite an overall uptick in mortgage rates since September, applications for a home loan have been rising. Alex Veiga, Los Angeles Times, 8 Dec. 2024 Joe and Chelsea Gray, a married couple in Massachusetts, bought their house in 2018 with the help of the VA home loan program. Thomas G. Moukawsher, Newsweek, 4 Nov. 2024 See all Example Sentences for home loan 

Dictionary Entries Near home loan

Cite this Entry

“Home loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/home%20loan. Accessed 25 Dec. 2024.

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