Definition of home loan in English:

home loan

Line breaks: home loan

noun

A loan advanced to a person to assist in buying a house or flat.
More example sentences
  • 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: