4EVer Lending Knowledge Center
Why (and why not) to refinance your mortgage
The possibility of refinancing your mortgage can seem like a lifeline at the worst of times, and a smart move at the best of times.
What to do if your mortgage is declined
Once you’ve done the often grueling work of submitting your mortgage application, you’re either approved or declined. While the latter can be a huge disappointment,
Conforming vs conventional loans: where they overlap and where they don’t
Let’s face it: the world of mortgage loans can be confusing. For first-time homebuyers in particular, the lingo itself can be hard to get straight.
What is Private Mortgage Insurance and do I have to pay it?
When applying for a mortgage, the lender in question usually requires a down payment of 20% of the home’s total price. When the borrower can’t
Can I get a mortgage to build my own house?
If you’ve been house hunting for a while now and just can’t find that perfect home, you may be thinking about having one built. Whether
Home equity 101: how does a second mortgage work?
One of the most significant benefits of owning a home is the potential to build home equity, and, under certain circumstances, one might choose to
Why should you get a mortgage pre-approval?
Shopping for a home can be incredibly exciting, but if you’re serious about making it happen, it’s important to begin the process with a mortgage
What are the different types of private mortgage insurance?
When a homebuyer makes a down payment of less than 20%, most lenders require that the borrower pay private mortgage insurance (PMI) until they’ve covered
Can you get a VA loan if you’re self-employed?
A VA loan is a type of mortgage available through the United States Department of Veterans Affairs, and is aimed at assisting active military service
Are foreign nationals eligible for mortgage loans?
Purchasing a home in the US as a foreign national is no easy feat (particularly if you require financing)—but it’s entirely possible! Unlike immigrants who
Fixed vs adjustable rate mortgages: the pros and cons
When applying for a mortgage, you’ll inevitably be faced with choosing between fixed-rate mortgages and adjustable-rate mortgages (ARMs). This may seem simple enough, but still
What are your options as a first time home buyer in Virginia?
When purchasing your first home, landing a mortgage is a necessary stepping stone to greater things. The wide variety of financing options available to first-time
4 reasons you need a mortgage broker to refinance
While refinancing your mortgage may seem like a hassle worth avoiding at all costs, it can actually be a great way of consolidating your monthly
5 signs you’ve found the right mortgage broker
While not all homebuyers choose to work with a mortgage broker, those who work with the right broker don’t regret their choices. Commonly understood as
Will you qualify for a mortgage? 4 factors that influence the loan approval process
Will you qualify for a mortgage? If you’re on the market for a home, this is a question worth asking and answering. Whether your lender
What are the pros and cons of using a mortgage broker?
Searching for the right mortgage can cause a lot of stress, so working with a mortgage broker is a helpful option for anyone who wants to
What are the main types of mortgage loans?
Unless you can buy your home with a briefcase full of cash, researching mortgage types before you start the search for a home is key.
What does a mortgage broker do?
Buying a new home is easily one of the most complicated events in a person’s life, and the mortgage application process is easily the most
What is the best term for a mortgage?
One of the first choices to be made when mortgage shopping is what mortgage term will best suit your needs. After all, your mortgage payments
4 Questions To Ask A Mortgage Broker
Let’s face it: finding the right home is stressful enough without the matter of finding the right home loan—and that can feel downright overwhelming, even