Financial Education

Helpful, easy-to-understand articles to guide your financial wellness journey at every stage.

Categories
Screenshot of FAFSA Website.

3 Common FAFSA Myths, Busted!

As high school years start coming to an end, getting ready for college can be an overwhelming process for both students and parents. One of the most common and biggest stressors is filing the Free Application for Federal Student Aid (FAFSA). There tend to be quite a few falsehoods floating around about the program—so, let’s do a little myth-busting!

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College & Trade School Preparation
Fort Wayne Pet Food Pantry Logo

A Voice for the Good: Fort Wayne Pet Food Pantry

This article features Fort Wayne Pet Food Pantry—a local non-profit on a mission of "keeping pets at home with their families" by providing pet food at no cost to pet owners who are struggling financially.

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Community Engagement & Impact
Letter blocks that spell out the word Mortgage.

Mortgage Key Terms

From appraisal to VA loan, we have you covered. We have put together a list of highly used terms used during the mortgage process. 3Rivers is here to help educate you no matter the time of day.

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Mortgage & Home Loans
Young couple looking at newly built home.

Benefits of Homeownership

When reaching the decision to purchase your first home, it is crucial that, before signing your name on the purchase agreement, you have the education you need to make sure you’re fully informed and comfortable with the process, and that, as a result, you get the right home at the right price for your personal and financial needs.

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Mortgage & Home Loans
Couple filling out paper work.

The Process of Getting a Home Loan

Unless you've saved up the full purchase price of the home you're looking to buy and plan to pay in cash, you'll probably need to take out a home loan. Here are a few of the basics you need to know.

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Mortgage & Home Loans
Notebook with the words pre-approval vs. prequalification.

Pre-Qualification vs. Pre-Approval

The difference between pre-approval and pre-qualification is the difference between, “Yes, you’ve passed the test and are approved” and, “Based on the information you’ve provided, it looks like you might pass the test and will likely get approved.”

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Mortgage & Home Loans
Hands holding a small house and money bags.

How Much Home Can You Afford?

You’re borrowing a large amount of money and your lender will ask many questions and request even more proof to determine whether or not you can realistically afford to purchase a home. So, what will they take into consideration?

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Mortgage & Home Loans
House with for sale sign in front.

Deciding on What Type of Home to Buy

Once you’ve made the decision to buy your own home, visited 3Rivers to make sure you can arrange financing, and speak with a loan officer to determine how much home you can afford, what’s next? The fun part!

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