by harmerwealth | May 16, 2020 | Debt, Financial, Mortgages
Q.What is a HELOC (Home Equity Line of Credit)? Home Equity Line of Credit (HELOC) is a type of mortgage that is secured against your home. As you pay off your mortgage and build up equity in your home, a HELOC allows you to gain access to your home equity to use the...
by harmerwealth | May 16, 2020 | Financial, Investing, Mortgages
Updated: Apr 19, 2021 Q.How do I know what I can afford? When Shopping for a home it’s important to determine the maximum mortgage and home price you can qualify for. To determine your maximum affordability, lenders take several factors into account,...
by harmerwealth | May 15, 2020 | Investing, Mortgages
1. What’s the best rate I can get? Your credit score plays a big part in the interest rate for which you will qualify, as the riskier you appear as a borrower, the higher your rate will be. Rate is definitely not the most important aspect of a mortgage, however, as...
by harmerwealth | Mar 1, 2020 | Financial, Investing
At this point the majority of us are aware of the effects Coronavirus has had on the global economy. Throughout the past week we have seen that fear and anxiety spill into the global markets. With “social-media driven news, the interconnectedness of global supply...
by harmerwealth | Feb 27, 2020 | Debt, Investing
With the high cost of holiday gift-buying and entertaining now behind you, this may be the perfect time to get the New Year off to a fresh start by refinancing your mortgage and freeing up some money to pay off that high-interest credit card debt. By talking to...
