Page 37 - Fi Reference News Today

In exchange for a portion of future appreciation, home equity sharing agreements provide access to quick cash with no monthly payments or interest.

An appraisal gap happens when a buyer's offer exceeds a home's appraised value. Here's what to do if that happens.

If you're unemployed and want a personal loan, be careful. Missing payments because of a lack of income could cost you thousands in interest.

Data furnishers provide consumer credit information to credit bureaus under guidelines outlined the Fair Credit Reporting Act.

In recent years, flooding has occurred in areas outside of designated flood zones, but most homeowners don't have flood insurance.

Under the rule of 55, if you have left your employer and are over 55, you can withdraw money from your 401(k) without incurring a 10% penalty.

Your loan-to-value (LTV) ratio will determine your ability to refinance and the terms your lender can offer you. The lower your LTV, the better.

Homeowners insurance protects your dwelling, other structures, and home contents. It also covers the homeowner if they are sued for liability.

Mortgage preapproval can vary from lender to lender, but you'll generally need to provide proof of income, assets, debt, and credit.

A 401(k) early withdrawal —taking funds from the account before age 59½ — usually triggers a 20% tax and 10% penalty. Here's how to avoid them.