Robert McLister·General·May 16, 2013Equity (for Mortgages) The difference between a property’s lending value (i.e., the purchase price or market value) and the value of all mortgages (including credit lines) secured against that property. For example, given a house appraised at $250,000, a $150,000 mortgage and a $50,000 secured line of credit, the homeowner’s equity would be $50,000, or 20%. Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.