1-3 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
Health insurance: Covers your medical expenses in the event of illness or injury.
Home appraisal: An independent third-party's assessment of the value of a residential property.
Home equity line of credit (HELOC): A revolving credit line that allows you to write checks or receive cash advances for any amount up to the credit limit. Your home is the collateral for the line of credit.
Home equity loan (HEL): Borrowing money using the equity from your home as collateral. The credit line becomes the second mortgage.
Home inspector: An individual who inspects homes for defects prior to the closing of a home sale to insure buyer or lender's best interest is protected.
Hybrid mortgage: A type of mortgage with a fixed interest rate for a specific period of time, and then an adjustable interest rate for the remaining period of the loan.