If you’re like most people, your home is most likely your largest investment. It’s where you live, raise your family, create memories, and spend a good portion of your time.
The financing details regarding your home, whether you’re a first-time buyer, a seasoned homeowner looking to refinance, or someone interested in pulling out equity for something important, is something you should commit to knowing a bit about.
This section of Prosperopedia,com provides helpful information about mortgages, how they work, how to get the best deal, where to look for potential gotchas, and lots of other education about mortgages and financing that are such a critical part of your life.
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...
Buying a Home In New York City
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...
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...
What is a Mortgage?
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...
Closest Chase Bank to Albuquerque, New Mexico
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...
FHA Recommendations for Home Ownership
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...
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...
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...
Wells Fargo Bank
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...
When is the Best Time to Buy a House?
The decision to buy a home is a big one. Making the best decision on buying a home has a lot to do with timing. But when is the best time to buy a home? There are several factors that will affect the answer for you specifically, but this article should set some...
