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Glossary   >   H   >   "Homeowners equity account" Definition            Homeowners equity account A credit line offered by banks and mortgage lenders which grants the homeowner the opportunity of borrowing against the built up equity in the property. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Homeowners equity account - A credit line offered by banks and mortgage lenders which grants the homeowner the opportunity of borrowing against the built up equity in the property.