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The suburban Boston home where Babe Ruth lived after he had been sent to the New York Yankees is for...
» MA   » Home selling05/13/2012
 
As part of his "To Do List" President Barack Obama visited Val and Paul Keller on Friday. The White ...
» NV   » Mortgage05/13/2012
 
The sale of Hawaii's smallest publicly accessible inhabited island is imminent, and local leaders ar...
» HI   » Home buying06/25/2012
 
A recent headline on the Good.is. website, "Can a Font Help a City Make a Comeback?," sounds simulta...
» TN   » Real Estate news02/22/2012
 
Let me begin by clarifying that, when it comes to speculating in the housing market, I have no dog i...
» MA   » Real Estate news11/16/2012
 
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Equity Loan

A real estate loan based on the borrower’s equity (ownership) in the property. The amount that the bank might loan could be determined by the fair market value of the property minus any current mortgages secured by the property, subject to the owner’s other debt commitments and credit history.

See also:
  • Earnest Money
  • Easement
  • Eminent Domain
  • Equal Credit Opportunity Act
  • Equity
  • Equity Loan
  • Escrow
  • Eviction
  • Exclusive Agency Listing
  • Extension

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