Equity Loan

Concept of Equity Loan in the context of Real Property

A short definition of Equity Loan: A loan based upon the equity in a property. The credit of the borrower is not a major factor. See also: Personal Property Loan.

Concept of Equity Loan in the context of Real Property

A short definition of Equity Loan: A loan based upon the equity in a property. The credit of the borrower is not a major factor. See also: Personal Property Loan.