What Is Equity?

Equity is basically the amount of a home that is not leveraged by a mortgage. Learn about the differences between what is owed on a mortgage and true market value with help from a financial specialist in this free video on home loans and money management.

About the Author

Matthew McKillen has more than 21 years of industry experience in arranging loans for his clients. He has worked in financial services, senior management positions in mortgage banking companies and in all facets of mortgage brokering.