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.
Home equity: what it is & how it works. Equity is typically the difference between the appraised value of your home and how much of your mortgage you have left to pay off. For example: The appraised value of your home is $150,000. The balance owed on your mortgage is $100,000.