The question seems clear – “Should I finance/refinance my home with 2 mortgages in order to avoid having to pay for Private Mortgage Insurance (PMI)?” I say yes, while Dave Ramsey says no. Obviously the answer is not as clear as the question. So let’s take a look to see what the best answer is. [...]

by Stephen H. Dunham
Everyone has heard of insurance claims, but what is a mortgage claim?
The answer is easy, though complex. Mortgage claims basically are claims that one mortgage company files against another.

While growing up, the idea of owning a home seemed so far away. Even as a young adult, it seemed like something unattainable because of the amount of money needed – a hundred thousand dollars! That sounded like so much money (because it is), and I had no concept of what it would look like [...]

By Stephen H. Dunham
Though seemingly only a piece of paper, the student loan forebearance form was the key to a much-needed reprieve.
There were times early in my marriage when it was difficult to pay for the basics of life, much more student loan payments.

Lease cars. Dave Ramsey calls them FLEECE CARS. I tend to agree with him and other financial authorities who say that the cheapest car you can own is the one you already have.

What is a Home Equity Loan? If you have ever been a little confused about this oft-tossed-around term, you’ve come to the right place for a little clarification.

There are basically two types of Equity Loans that you can obtain – that is, loans for borrowing against the equity value of your property.

Payday Loans are designed as a short term loan for the occasions when you are in need of some quick cash.
This can be due to a variety of reasons, unexpected bills, repair costs, etc.