Definition of home loan in English:
A loan advanced to a person to assist in buying a house or condominium.
- If you have a home loan, refinance your mortgage to lower your payments.
- For example, some lenders allow consumers to obtain home loans or refinance mortgages on the basis of assets rather than credit rating.
- Whenever you're free to move your home loan without paying excessive penalties, shop around for a better rate.
Definition of home loan in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Spain
Most popular in Malaysia
Most popular in India
Most popular in Pakistan