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Colin Group LLC
HOME EQUITY OPTIONS
You've worked hard for your home. 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 — 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 · Colin Group LLC, NMLS #2350744 · 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 — 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 — take money out, pay back, reuse.
2
Repayment — pay back principal + interest.
3
Variable rate — usually moves with the Prime Rate.
4
CLTV — (mortgage + line) ÷ home value; sets how much you can access.
Choose your option
Three simple paths. Pick the one that sounds like you — 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.
Free credit reports: AnnualCreditReport.com
One More Credit Card Away From a Heart Attack
Five cards, five due dates, five different interest charges, and one very tired you. If opening the mail makes your heart race, it might be time to consolidate them all. A HELOC can roll your credit card balances into one line, often with a lower rate than typical credit cards, so you have one payment to track instead of five. Your heart (and your mailbox) will thank you.
Subject to credit approval and lender guidelines. Using home equity puts your home up as collateral.
Don't Sell It 'As Is.' Sell It 'Wow!'
Trying to sell a house that's outdated or full of little issues? Buyers smell it from the driveway. They'll lowball you or hand you a list of a thousand repairs. Instead, open a line of credit first, fix the house, and then sell it looking its best. You pick the materials and the contractors at prices that make sense, and the house sells better. Already listed? No problem: with the Helix HELOC, the home can even be listed for sale, subject to lender guidelines.
Subject to credit approval and lender guidelines. Using home equity puts your home up as collateral. Results vary.
Success Stories
Real homeowners. Real goals. Real "wait, we can do THAT?" moments. Here's how home equity helped a few of our clients get unstuck and move forward.
Two Cars, One Boat, Zero Chill
The challenge: A Tampa family had two car loans, one boat loan and wanted to buy another home but had no down payment.
The solution: We tapped the equity in their current home with a HELOC. Three debts became one payment.
The result: Freed up more than $1,000 a month, and the same line of credit also covered the down payment on their next home.
Takeaway: Your home's equity can help you simplify today and plan for tomorrow.
Option that fit: Flexible HELOC for debt consolidation and a down payment.
Buy First, Sell Later (Your Nerves Will Thank You)
The challenge: A West Palm Beach family found their dream house but hadn't sold their current home yet.
The solution: They took a HELOC on their current home and used it toward the new purchase.
The result: They moved into the new home on their own schedule, then listed the old one. No rush.
Takeaway: You don't always have to sell before you buy.
Option that fit: Flexible HELOC used as a bridge to the next home.
The Mother-in-Law Suite That Pays Its Own Rent
The challenge: A Tampa homeowner wanted to build wealth through real estate and needed a down payment and a way to make the property work harder.
The solution: They used a HELOC for a down payment on a new home and to build a mother-in-law suite.
The result: Rent from the main house covers the mortgage, rent from the suite covers the HELOC, and they already bought another home.
Takeaway: With a plan, your equity can help you build long-term income.
Option that fit: Flexible HELOC for a down payment and home improvement.
Client results vary. Examples are for illustration and are not a guarantee; all loans subject to credit approval and lender guidelines.
Ready to write your own success story?