What is Equity?
Equity is the difference between a property’s market value and the amount still owed on the mortgage. It represents the homeowner’s financial stake in the property.
How Equity Works
As borrowers make mortgage payments and property values rise, equity increases. Equity can also be accessed through refinancing or home equity loans.
Benefits of Building Equity
Building equity increases personal wealth and provides financial security. It can also be used to fund home improvements, consolidate debt, or cover major expenses.
Capstone for Mortgage Education and Mortgage Training Classes
Capstone Institute’s mortgage education classes help students explain equity to borrowers. We provide the training needed to guide clients on building and using home equity wisely.