Business and Personal Finance Dictionary

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• HOME EQUITY LINE OF CREDIT (HELOC) - A mortgage set up as a line of credit against which a borrower can...
  
  
• HOME EQUITY LOAN - A loan in real estate property that is used to secure or guarantee the amount borrow...
  
  
• HOME EXPENSE-TO-INCOME RATIO - A ratio expressed as a percentage that is used by the mortgage industry ...
  
  
• HOME IMPROVEMENT LOAN - an advance of funds, usually not secured by a mortgage and usually short-term, ...
  
  
• HOME INSPECTION - A professional inspection of a home to determine the condition of the property. The i...
  
  
• HOME INSPECTION (REPORT) - The written statement of the results of the inspection of a given property b...
  
  
• HOME INSPECTION REPORT - A report commissioned by a property owner or purchaser, usually to verify the ...
  
  
• HOME INSPECTOR - A person who offers a service of making a physical inspection of homes. Qualifications...
  
  
• HOME KEEPER - A reverse mortgage program administered by Fannie Mae.
  
  
• HOME KEEPER SM - A form of Home Equity Conversion Mortgage offered by Fannie Mae to older homeowners to...