housing loans
Home purchase debt
Housing loans are money borrowed to buy, build, or renovate residential property.
The property itself typically serves as collateral—if you stop making payments, the lender can seize the home.
Mortgage is the more common term in everyday speech, while housing loan appears in formal financial contexts: She applied for a housing loan through her credit union.
- home sweet homePhrase celebrating one's dwelling
- starter homeInitial real estate purchase
- principalChief school administrator
- amortizationGradual debt reduction schedule
- credit scoreNumerical measure of borrower reliability
closing costs · foreclosure · refinancing · mortgage · deed of trust · lender · first-time buyer · housing bubble · keys · closing day · debt-to-income ratio · interest rate · down payment · monthly payment · prepayment penalty · underwater mortgage · fixed-rate mortgage · adjustable rate
- housingapartments, home, houses, homes, apartment
- farm creditfarm credit, farm loans, land banks, land loans, emergency loans
- GDR Bankingsavings banks
- postwar economicsMarshall Plan, economic recovery, currency reform, Wirtschaftswunder, recovery programs
- infrastructurehighways, road construction, railway expansion, power grid, roads
- federal loansdirect loans, subsidized loans, government loans, federal aid, FAFSA
housing loansrent payments
Money owed for housing
rental agreements · renting · monthly rent · leasing · tenancy
housing loansunsecured loans
Credit without collateral
personal loans · credit card debt · unsecured credit · payday loans · student loans