Skip Navigation Skip to Online Banking Skip to Accessible Content

Knowledge Center

Find the answers to your questions related to Members 1st products, and services.

Equity

Equity is the difference between what you owe on your mortgage and what your home is worth. Say your home is worth $300,000 dollars, and your remaining mortgage is $250,000 dollars. The equity you have in your home is $50,000 dollars.

$300,000 - $250,000 = $50,000

Eligible to all Butte, Glenn, Shasta, and Tehama County residents. Join Now
We use cookies to make navigation easier, analyze site use, and assist our marketing, as explained in our Online Privacy Policy.