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Jimmy Richards profile image

Jimmy Richards

Loan Officer
Movement Mortgage
NMLS ID # 1206689

Mortgage Sense

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...

Jimmy Richards profile image
Jimmy Richards
Loan Officer
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575 Lynnhaven Pkwy, Ste 101, Virginia Beach, VA 23452
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NMLS # 1206689

State License #NC-I-168401, VA-MLO-26837VA