Taking control of your personal finances is one the most important things you can do to experience the blessings of prosperity that are available to those who are willing to obey the principles upon which those blessings are based. Under the influence and in the grasp of the materialistic society in which we now exist,…
If you’re applying for a mortgage loan or have applied for one in the past, you’ve possibly heard of Fannie Mae Form 1003, Uniform Residential Loan Application. Form 1003 is the standard form used by most mortgage lenders to collection the information of a potential borrower necessary to determine whether the applicant is qualified to…
New York City obviously has a lot going on. Its economy is the largest regional economy in the United States. New York is often considered the most financially powerful city in the world and the leading center of the world’s financial industry. Unless you’re just kind of a small town kind of person, there are…
Article Summary CapitalOne provides free credit scores for credit card holders through their CreditWise monitoring product. When you sign up for a credit card with CapitalOne, you get access to CreditWise as a free add-on service. CreditWise uses TransUnion data to provide CapitalOne credit card holders with a credit score calculated using the VantageScore 3.0…
Making good decisions about the home that you purchase to live in (or as an investment) is critical for being prosperous and building your financial wealth. To help you make better decisions with regard to how you’ll finance your home or another property, this article covers the essentials of how mortgages, not only answering the…
Chase Bank is one of the largest banking institutions in the United States, with nearly 5,200 branches spread throughout the country. However, if you live in the Albuquerque, New Mexico area, you’re (currently) out of luck if you bank with Chase (or want to), and you need to access a local branch. Closest Chase Bank:…
The Federal Housing Authority, a division of the United States Department of Housing and Urban Development and the world’s largest insurer of home mortgages, was created to help people in the US achieve the goal of owning a home. To that end, FHA is heavily involved in helping people have access to home ownership, everything…
Wells Fargo is one of the largest lenders in the United States, one of the biggest banking institutions in the world. They offer all sorts of loans ranging from traditional home purchase mortgages to student loans, personal loans, auto loans, and business loans. Wells Fargo knows a thing or two about lending, including what causes…
Article Summary The official debt-to-income or DTI ratio guidelines for FHA home loans is 31%/43%, or 31% for the front-end ratio and 43% for the back-end ratio. These guidelines are not strictly followed among FHA lenders, who consider other factors in considering a loan application, including a borrower’s credit score, how much money is being…
Our goal at Prosperopedia.com is to help you be informed about things that affect your financial well-being so that you can make decisions. In this article, we will discuss Wells Fargo Bank. I’ll explain some of the details about the bank and what products and services it offers as well as summarizing reviews that the…