Personal Finance
Westend61/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways FHA 203(k) loans provide funding to finance both a home’s purchase and the…
Key takeaways Medical credit cards can help you finance expensive medical procedures, but they often come with high interest rates…
A single-premium immediate annuity (SPIA) is a financial product aimed at providing a guaranteed income for the rest of your…
Image by mbogacz/GettyImages/Illustration by Hunter Newton/Bankrate Key takeaways A construction-to-permanent loan finances the construction of a house and converts to…
Key takeaways If you take out an FHA loan, you’re required to pay FHA mortgage insurance premiums (MIP). FHA MIP…
Household income cannot exceed $135,120 (for one to two people) or $157,640 (for three or more people) Must attend an…
If you’ve recently tapped your home for cash, you are not alone. Both home equity lines of credit (HELOCs)…
Key takeaways You don’t need to put 20 percent down to get a mortgage, and some mortgages don’t even require…
Must occupy the home within 60 days of closing as a primary residence Limited information online about repayment terms NIFA…
Key takeaways Unsecured home improvement loans are generally not tax deductible. Interest from home equity loans and HELOCs may be…
You’ve landed a new job, and one of the company perks is an impressive 401(k) plan. It offers low fees,…
Key takeaways A life insurance policy may be used as collateral to secure a loan. If you die before the…