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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The Affordable Loan Solution First-time homebuyers who don’t exceed 100% of the area median income in certain minority-majority markets can be approved for a home loan with as little as 3% down with the Affordable Loan Solution.
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Kelsey Neubauer, CNBC, 30 Jan. 2025
The average rate on a 30-year mortgage, the most popular home loan in the United States, is around 7 percent.
—Matthew Goldstein, New York Times, 22 Jan. 2025
The bank’s home loan business - which is one of its largest - also had a mixed performance over the quarter as mortgage rates remained relatively high.
—Trefis Team, Forbes, 17 Jan. 2025
Hale expects that share to fall to 75% by the end of 2025, as more people choose to part with their current home loan.
—Axios, 23 Dec. 2024
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Kelsey Neubauer, CNBC, 30 Jan. 2025
The average rate on a 30-year mortgage, the most popular home loan in the United States, is around 7 percent.
—Matthew Goldstein, New York Times, 22 Jan. 2025
The bank’s home loan business - which is one of its largest - also had a mixed performance over the quarter as mortgage rates remained relatively high.
—Trefis Team, Forbes, 17 Jan. 2025
Hale expects that share to fall to 75% by the end of 2025, as more people choose to part with their current home loan.
—Axios, 23 Dec. 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 10 Feb. 2025.
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