Home Equity Loan

Definition:   A mortgage secured by a personal residence.  It provides a line of credit available for draws when needed by the homeowner.

Pronunciation:   \ˈe-kwə-tē\

Used in a Sentence:   We took out a home equity loan to pay for the kitchen remodel.

Back to blog

Most Popular Courses

Courses By Category

View all

State of Real Estate - LIVE Fridays at 12PM Noon

View all
  • Secrets to Bigger Commissions

    Secrets to Bigger Commissions

    How do you earn bigger commissions in real estate? In this week's episode of State of Real Estate, you'll learn the secrets to earning bigger real estate commissions. Join us...

    Secrets to Bigger Commissions

    How do you earn bigger commissions in real estate? In this week's episode of State of Real Estate, you'll learn the secrets to earning bigger real estate commissions. Join us...

  • How to Get a Real Estate License in Florida

    How to Get a Real Estate License in Florida

    Florida Real Estate License, Easy as 1,2,3! Join us for an informative livestream session as we delve into the essential steps to obtain your real estate license in Florida. Whether...

    How to Get a Real Estate License in Florida

    Florida Real Estate License, Easy as 1,2,3! Join us for an informative livestream session as we delve into the essential steps to obtain your real estate license in Florida. Whether...

  • Counting Quarters to Counting Checks

    Counting Quarters to Counting Checks

    Journey to Success: From Humble Beginnings to Real Estate Triumph From counting quarters to counting checks, the successes & failures that have gotten me to today. In a rare State...

    Counting Quarters to Counting Checks

    Journey to Success: From Humble Beginnings to Real Estate Triumph From counting quarters to counting checks, the successes & failures that have gotten me to today. In a rare State...

1 3
View all