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Eric Formiller Headshot

Eric Formiller

Loan Officer
Movement Mortgage
NMLS ID # 485383

Movement Blog

Father and daughter (18 months) playing in backyard

July 20, 2022

What you need to know about home equity

Home equity can be confusing, so here are three simple ways to define this important part of homeownership.Home Equity is:The market value of a property, minus any claims or liens against it. The percentage of your home that you actually own. The...

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Eric Formiller Headshot
Eric Formiller
Loan Officer
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27401 Los Altos Suite 100, Mission Viejo, CA 92691
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NMLS # 485383

State License #CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI485383