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Latest Homes News

My New Job Has A Great 401(k) Plan. Would A Reverse Rollover From My IRA Make Sense?

You’ve landed a new job, and one of the company perks is an impressive 401(k) plan. It offers low fees,…

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Collateral Assignment of Life Insurance

Key takeaways A life insurance policy may be used as collateral to secure a loan. If you die before the…

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How To Reduce Closing Costs: 6 Negotiation Strategies

You’ve found a home, settled on a price with the seller and secured a mortgage loan. Yet, as you approach…

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FHA 203(k) Loans: What They Are And How They Work

Westend61/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways FHA 203(k) loans provide funding to finance both a home’s purchase and the…

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New Jersey First-Time Homebuyer Assistance Programs

Open to condos, townhomes and manufactured homes Open to multi-family properties Doesn’t require repayment Can be used for down payment…

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What Is A FHA Mortgage Insurance Premium (MIP)?

Key takeaways If you take out an FHA loan, you’re required to pay FHA mortgage insurance premiums (MIP). FHA MIP…

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Where Can I Get An Equipment Loan?

Key takeaways You can find equipment loans from traditional banks, online lenders and even equipment manufacturers in some cases SBA…

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How Fast Can You Get A Loan In An Emergency?

Images by GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways You may be able to access funding from an emergency loan…

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How do Prescreened Credit Card Offers Work?

Key takeaways Prescreened credit card offers target qualified consumers based on their credit score, credit utilization, and location. Advantages…

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How Much Is A Down Payment On A House?

Key takeaways You don’t need to put 20 percent down to get a mortgage, and some mortgages don’t even require…

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