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Personal Finances Self-Reliance LDS Church

LDS Personal Finances Self-Reliance Budgeting Course

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, …

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Fannie Mae Form 1003 Residential Loan Application

Fanny Mae Form 1003 Uniform Residential Loan Application

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 …

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CapitalOne CreditWise Credit Score Reporting Service

CapitalOne Creditwise Free VantageScore Credit Report from TransUnion

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 …

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Debt to Income Ratio Recommendations from Wells Fargo

Wells Fargo Debt-to-Income (DTI) Guidelines and Recommendations

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 …

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FHA Loan Debt to Income Ratio Requirements

Debt to Income (DTI) Ratio Requirements for FHA Loans

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 …

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