{"id":7326,"date":"2026-07-20T04:00:52","date_gmt":"2026-07-20T11:00:52","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=7326"},"modified":"2026-07-22T02:05:23","modified_gmt":"2026-07-22T09:05:23","slug":"what-is-home-equity","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/what-is-home-equity\/","title":{"rendered":"What Is Home Equity and How Can I Use Mine in 2026?"},"content":{"rendered":"

You\u2019ve probably heard people say that owning a home is a great way to build wealth, but what does that really mean beyond making your mortgage payments<\/a> each month? Over time, every payment you make and every change in your home\u2019s value<\/a> can help you build a financial asset that\u2019s uniquely yours. In this article, we\u2019ll answer one of the most common questions homeowners have: what is home equity exactly, and why does it matter?<\/p>\n\n\n\n\n\n

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\n
\n \"homelight\n <\/div>\n \n

What's your home worth today?<\/h3>\n

Tell us a little bit about your property and get a preliminary estimate of value in as little as two minutes.<\/p>\n \n

\n Enter Address<\/a>\n <\/div>\n <\/div>\n<\/div>\n\n\n

Put simply, home equity is the portion of your home that you actually own, and it can open the door to opportunities like improving the home, paying off debt, or even funding your next big move. Knowing how much equity you\u2019ve built can give you a better understanding of your financial position and the choices available to you.<\/p>\n

Let\u2019s break down how home equity works, how it grows over time, and why it\u2019s one of the biggest advantages of owning a home.<\/p>\n","protected":false},"excerpt":{"rendered":"

Wondering what home equity is and how it helps when you need to borrow? Learn how your home\u2019s value can fund loans or big purchases.<\/p>\n","protected":false},"author":76,"featured_media":39151,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","cybocfi_hide_featured_image":"","footnotes":""},"categories":[771,343,322],"tags":[],"class_list":["post-7326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-a-house-while-selling","category-finances","category-logistics"],"acf":[],"yoast_head":"\nWhat Is Home Equity and How Can I Use Mine in 2026?<\/title>\n<meta name=\"description\" content=\"Wondering what home equity is and how it helps when you need to borrow? 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