Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• HOME BANKING - A way to access bank accounts by phone and/or Internet. Typically customers can transfer...
  
  
• HOME BUYERS REPORT - This is a property survey which lies between a mortgage valuation and a full surve...
  
  
• HOME ENERGY RATING SYSTEM (HERS) - A standardized system for rating the energy efficiency of residentia...
  
  
• HOME EQUITY - The value of a homeowner's unencumbered interest in their property(s). Equity is the diff...
  
  
• HOME EQUITY CONVERSION - turning home equity into cash without having to leave your home or make regula...
  
  
• HOME EQUITY CONVERSION MORTGAGE - A special type of mortgage, sometimes called a reverse mortgage, that...
  
  
• HOME EQUITY CONVERSION MORTGAGE (HECM) - Usually referred to as a reverse annuity mortgage, what makes ...
  
  
• HOME EQUITY DEBT - Debt secured by your home. Home equity interest usually is deductible as an itemized...
  
  
• HOME EQUITY LINE OF CREDIT - A special kind of loan (also known as a "revolving loan") which is secured...
  
  
• HOME EQUITY LINE OF CREDIT (HELOC) - A mortgage set up as a line of credit against which a borrower can...