línea de crédito con garantía hipotecaria
/linea de kɾedito kon ɡaɾantia ipotekaɾja/from spelling rules
The English phrase 'home equity line of credit' is translated into Spanish as línea de crédito con garantía hipotecaria.
This term refers to a flexible loan that allows a homeowner to borrow money using their home as collateral. You may also see the concept described as crédito sobre el valor de la vivienda, which means 'credit on the value of the home'.
What does it mean word for word?
The phrase línea de crédito con garantía hipotecaria translates literally to 'line of credit with mortgage guarantee'.
Which one should you use?
Several formal variations exist. You can use Línea de crédito respaldada por el valor de la vivienda, Línea de crédito hipotecaria or Línea de crédito sobre el valor acumulado de la vivienda to express the same concept in professional contexts.
Did you know?
- In many Spanish-speaking countries, the concept of garantía hipotecaria is often discussed alongside embargo, a term that in Spanish specifically refers to the legal seizure of assets.
- While the phrase uses línea to mean 'line', the word is etymologically tied to 'flax', originating from the Latin 'linum'.
- While crédito is used for loans, the Spanish language uses the same root to describe 'trust' in social contexts, making financial reliability and personal trust linguistically identical.
Examples in context
- Me interesaría obtener una línea de crédito respaldada por el valor de mi vivienda para financiar unas mejoras en el hogar.I would be interested in obtaining a home equity line of credit to finance some home improvements.
- Necesito una línea de crédito con garantía hipotecaria para remodelar.I need a home equity line of credit to remodel.
- El banco aprobó mi línea de crédito con garantía hipotecaria.The bank approved my home equity line of credit.
- La línea de crédito con garantía hipotecaria tiene tasas bajas.The home equity line of credit has low rates.
Example conversation
Alejandro and Sofía are discussing home renovations.
- AlejandroQueremos remodelar la cocina, pero no tenemos efectivo.We want to remodel the kitchen, but we don't have cash.
- SofíaPodríamos pedir una línea de crédito con garantía hipotecaria.We could apply for a home equity line of credit.
- AlejandroEso suena como una buena idea, Sofía.That sounds like a good idea, Sofía.
- SofíaLlamaré al banco mañana para informarnos.I will call the bank tomorrow to get information.
