Colin Group LLC
HOME EQUITY OPTIONS
You've worked hard for your home.Ā Now let its equity work for you.
A home equity line of credit (HELOC) can help you renovate, pay off high-interest debt, invest, or prepare for the unexpected ā while you keep the first mortgage you already have. I'll help you pick the right option, in English or Spanish.
Lorena Colin, NMLS #389462 Ā· Colin Group LLC, NMLS #2350744 Ā· Subject to credit approval.
What is a HELOC?
A HELOC is a line of credit secured by your home. Think of it like a credit card backed by the equity in your house ā the difference between what your home is worth and what you still owe on it. You're approved for a maximum amount (your "line"), and you use only what you need, when you need it.
Pay off debt
Home improvement
Investment property
Emergencies
Education
How it works
1
Draw period ā take money out, pay back, reuse.
2
Repayment ā pay back principal + interest.
3
Variable rate ā usually moves with the Prime Rate.
4
CLTV ā (mortgage + line) Ć· home value; sets how much you can access.
Choose your option
Three simple paths. Pick the one that sounds like you ā or call me and I'll help you choose in five minutes.
Not sure which one? Call 813-825-3232 or WhatsApp 561-777-5355.
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