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H

Hard money mortgage A mortgage given in return for cash (refinance), rather than to secure a portion of the purchase price.

Homeowner's policy A multiple peril insurance policy, available to owners of private dwellings, that covers the dwelling and its contents as well as personal liability.

Homestead estate In some states, the home and property occupied by an owner are protected by law up to a certain amount from attachment and sale for the claims of creditors.