Definition of 'lilt'. Word Frequency. lilt (lÉªlt ) singular noun. If someone's voice has a lilt in it, the pitch of their voice rises and falls in a pleasant way, as if they were singing. Her voice is child-like, with a West Country lilt.
Home Equity Loans. A home equity loan is a loan for a fixed amount of money that is secured by your home. You repay the loan with equal monthly payments over a fixed term, just like your original mortgage. If you donât repay the loan as agreed, your lender can foreclose on your home.
Q: Is a home equity loan secured or unsecured debt? A: It depends. Typically, home equity loans are intended to be secured by the equity in your residence. A mortgage securing a home equity loan, however, is generally not the first mortgage to be filed against the property. Because it is not usually the first lien filed, whether or not it is considered secured debt depends on the value of the property and the amounts of any prior liens.