Featuring Black’s Law Dictionary Free Online Legal Dictionary 2nd Ed.
What is HOME EQUITY LOAN
A second mortgage the borrower gets to prevent default. The first is paid before the second. AKA home equity debt.
Share on facebook
Share on twitter
Nothing implied or stated on this page should be construed to be legal, tax, or professional advice. The Law Dictionary is not a law firm and this page should not be interpreted as creating an attorney-client or legal adviser relationship. For questions regarding your specific situation, please consult a qualified attorney.