{"id":6704,"date":"2026-05-26T13:55:37","date_gmt":"2026-05-26T18:55:37","guid":{"rendered":"https:\/\/www.northshoretrust.com\/?page_id=6704"},"modified":"2026-05-26T14:47:43","modified_gmt":"2026-05-26T19:47:43","slug":"heloc-booklet","status":"publish","type":"page","link":"https:\/\/www.northshoretrust.com\/es\/heloc-booklet\/","title":{"rendered":"Folleto sobre HELOC"},"content":{"rendered":"

WHAT YOU SHOULD KNOW ABOUT<\/h3><\/div>

Home Equity Lines of Credit (HELOC)<\/h1><\/div>
<\/div><\/div>

Borrowing from the value of your home<\/h3><\/div><\/div><\/div>
Ver folleto<\/span><\/a><\/div><\/div><\/div><\/div><\/div>

C\u00f3mo usar el folleto<\/strong><\/p>\n<\/div>

When you and your lender discuss home equity lines of credit, often referred to as HELOCs, you receive a copy of this booklet. It Helps you explore and understand you options when borrowing against the equity in your home.<\/p>\n

You can find more information from the Consumer Financial Protection Bureau (CFPB) about home loans at cfpb.gov\/mortgages<\/a>. You\u2019ll also find other mortgages-related CFPB resources, facts, and tools to help you take control of your borrowing options.<\/p>\n<\/div><\/div><\/div>

Acerca de la CFPB<\/strong><\/p>\n<\/div>

The CFPB is a 21st century agency that implements and enforces federal consumer financial law and ensures that markets for consumer financial products are fair transparent, and competitive.<\/p>\n

The pamphlet, titled What you should know about home equity lines of credit, was created to comply with federal law pursuant to 15 U.S.C 1637a(e) and 12 CFR 1026.40(e).<\/p>\n<\/div><\/div><\/div><\/div><\/div>

\u00bfC\u00f3mo puede ayudarte este folleto?<\/strong><\/p>\n<\/div>

This booklet can help you decide whether home equity line of credit is the right choice for you, and help you shop for the best available option.<\/p>\n<\/div>

A home equity line of credit (HELOC) is a loan that allows you to borrow, spend, and repay as you go, using your home as collateral.<\/p>\n

Typically, you can borrow up to a specified percentage of your equity. Equity is the value of your home minus the amount you owe on your mortgage.<\/p>\n

Consider a HELOC if you are confident you can keep up with the loan payments. If you fall behind or can\u2019t repay the loan on schedule you could lose your home.<\/strong><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div>

Una vez que termines este folleto:<\/strong><\/p>\n<\/div>