home equity loan
- Dictionary
home equity loan(
hom
eh
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kwih
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di
lon
)A phrase is a group of words commonly used together (e.g., once upon a time).
1. (general)
a. préstamo con garantía hipotecaria
We took out a home equity loan to pay for an addition on our house.Sacamos un préstamo con garantía hipotecaria para pagar la ampliación de nuestra casa.
b. préstamo sobre el valor neto de la vivienda
Since the total value of the home is $300,000, and you have $50,000 left on your mortgage, you're eligible for a home equity loan of up to $250,000.Como el valor total de la casa es $300,000, y les quedan $50,000 en la hipoteca, son elegibles para un préstamo sobre el valor neto de la vivienda de $250,000.
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