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equity credit line

   Also found in: Wikipedia 0.08 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.equity credit line - a loan secured by equity value in the borrower's home
home equity credit, home equity loan, home loan
consumer credit - a line of credit extended for personal or household use
loan - the temporary provision of money (usually at interest)


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? Mentioned in ? References in periodicals archive
 
Use home equity line to pay off debt Apply for a home Moss transferred equity line of his car loan to a credit and transfer home equity credit line.
Reaching for financial success: our 2002 financial fitness contest ... by Nance-Nash, Sheryl / Black Enterprise
But counseling, mandated by the new law, would probably have spared her some financial pain - like the $18,000 in points she paid to Household to obtain $60,000, or the $10,000 equity credit line that had an annual interest rate of 24.
LAW A LITTLE LATE FOR HOMEOWNER STUCK IN LOAN QUAGMIRE by Daily News (Los Angeles, CA)
Any excess mortgage proceeds are not deductible except for an additional equity credit line of $100,000.
Homeowners are harmed by changes in tax code by Binder, Neil / Real Estate Weekly
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