If you own your home, whether it’s a stand-alone structure, a condo or mobile home, it’s likely that you have insurance coverage to protect your investment in your property. That insurance covers your buildings and…

Standard home insurance policies do not include flood insurance. If you want financial protection from flood insurance, you’ll need to take out a flood insurance policy from the National Flood Insurance Program (NFIP) or a private provider. Lenders usually require flood insurance for homeowners in high-risk areas, but even lower-risk…

Key takeaways It’s important to note that you can’t refinance federal loans without replacing them with a private loan. Researching different student loan repayment options is the most important step when refinancing private student loans. If you’re refinancing both federal and private student loans, you’ll need to add a few…

Key takeaways A portfolio loan is a mortgage that a lender creates and retains — keeps in its portfolio — rather than selling in the secondary mortgage market. Portfolio loans sometimes have more flexible credit and financial requirements compared to conforming mortgages, but they also tend to come with higher…