Meaning Equity Loan
What does Equity Loan mean? Here you find 5 meanings of the word Equity Loan. You can also add a definition of Equity Loan yourself
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Equity Loanhome equity loan at loan
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Equity LoanA loan based on the borrower's equity in his home.
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Equity LoanA loan usually secured by the proportion of the value of your house which you own.
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Equity LoanA loan that allows a homeowner to borrow against the accumulated equity in his or her home.
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Equity LoanAn equity loan is money borrowed in order to 'top up' a mortgage so that the buyer can afford 100% of the property. This means the total money spent could be 10% deposit, 70% mortgage and 20% equity loan. In the UK they are issued by the Government in order to assist the growth in the housing market through schemes such as the Help to Buy [..]
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