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.

Personal Finances Self-Reliance LDS Church
Budgeting | Debt | Education | Employment | Finances | Investing | Mortgages | Religion

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,…

Fannie Mae Form 1003 Residential Loan Application
Debt | Finances | Mortgages

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…

CapitalOne CreditWise Credit Score Reporting Service
Debt | Finances | Mortgages

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…

What is a Mortgage?
Debt | Finances | Mortgages

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 covers the essentials of how mortgages, not only answering the…

Debt to Income Ratio Recommendations from Wells Fargo
Banking | Budgeting | Debt | Finances | Mortgages

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…

Bigger Pockets Suggested Reading List Real Estate Investing
Buying A Home | Education | Investing | Mortgages | Real Estate | Selling A Home

Top Real Estate Investment Books Recommended by BiggerPockets

One of the resources I’ve begun using as I’ve waded into the waters of real estate investing is an organization called BiggerPockets, which was created to encourage real estate investment by building a community and disseminating educational and other information about how to go about real estate investment. Probably the biggest hurdle (outside of having…

Dave Ramsey 7 Baby Steps - Saving Money, Reducing Debt, Building Wealth
Debt | Finances | Investing | Mortgages

Dave Ramsey’s 7 Baby Steps for Saving Money, Paying Off Debt, and Building Wealth

Dave Ramsey is a popular radio show host, an author of several books about financial management and developing life skills. Besides being a great teacher, he is also, not coincidentally, a successful businessman and a devout Christian. His Financial Peace University course has been completed by over 4 million people. Ramsey’s formalized and systemized financial…

FHA Loan Debt to Income (DTI) Ratio Guidelines
Buying A Home | Debt | Finances | Mortgages | Real Estate

FHA Loan Debt to Income (DTI) Ratio Guidelines

FHA Loan Debt to Income (DTI) Ratio Guidelines FHA loans allow first time home buyers and others who are just starting out or who may be financially disadvantaged to purchase homes through a government assisted program that differs from conventional loans. To qualify for an FHA loan, the Federal Housing Authority requires that you meet…

US Housing Market Signs of Bubble, Correction
Buying A Home | Mortgages | Real Estate | Selling A Home

Are We Currently Experiencing A Real Estate Bubble?

Article Summary The current housing market in the US has made its way back to pre-Great Recession levels. Interest rates are rising, which will tend to cool off the increasing housing prices. Significant factors that will cause a market correction in the next two years include the Federal Reserve’s monetary policy and tightening of credit…

How To Become Rich – The Richest Man in Babylon Formula
Buying A Home | Debt | Employment | Entrepreneurship | Finances | Investing | Mortgages | Online Learning | Real Estate | Self Improvement | Selling A Home

How To Become Rich – The Richest Man in Babylon Formula

The Richest Man In Babylon is a fictional story with sound principles that have helped people become wealthy through their application. This first part comes from the part of the book “Seven Curses For A Lean Purse”. Heed the advice in each of these sections, and your “purse” will become fat and overflowing with wealth….