Evergreen Home Loans Yakima Branch Leads Community Charge to Help Animals in Need

The holiday season brings out the best in all of us as we focus on a spirit of giving and helping those in need. This focus on giving is something Evergreen Home Loans™ empowers its associates to think about throughout the year through our Evergreen Cares program. A great example of this dedication is the…

Homes are going to the dogs (and cats)!

  Let’s be honest—pets are family. No matter what kind of pet person you are, your furry, feathered, finned or scaly critters share your love and your home.  Here are 5 tips for customizing your home and taking your pet-friendly lifestyle to the next level:   Pawsome paints and more Do the walls complement your…

Homebuyer 101: Prequalification vs. Preapproval

The real estate market can be competitive. It’s not uncommon to see multiple offers on a home. One way to make yourself stand out from the crowd is to submit a prequalification or preapproval* with your offer. While they may sound the same, it’s important to understand the difference so you can make the best…

Homebuying 101: Credit Scores

  If you are looking for a home you probably hear a lot about your credit. Good scores, bad scores, revolving accounts—why is it so important in the homebuying process? Your credit score and report impacts the type of credit terms you will receive. For example, a lower score or derogatory report may result in…

Homebuying 101: Debt-to-Income (DTI)

Your Debt-to-Income (DTI) ratio is your monthly debt obligations against your gross monthly income. Debt obligations include any kind of debt that reoccurs and is not likely to end soon. Some examples include credit card payments, auto loans, child support payments, other mortgages or student loans. Gross monthly income includes a variety of categories. It…

Homebuying 101: Fixed-Rate vs. Adjustable-Rate Loans

If you’re in the market for a new home, you’re probably hearing a lot about rates. Before you get too caught up in the percentages, it’s important to know the difference between a fixed rate and an adjustable rate. Fixed rate mortgages are exactly what they sound like—the interest rate is locked or “fixed” for…

Homebuying 101: Escrow

You did it! You’re in the final stages of the home loan process and your lender is preparing to send everything to escrow. The term “escrow” can seem vague and ubiquitous as it’s used to describe different aspects of the home buying process. An escrow company is a neutral third-party that handles the monetary transactions…

Homebuying 101: Appraisals

So, your loan application is in full swing and your loan officer mentions that an order for an appraisal has been submitted. You may be wondering, what is an appraisal? And what does that mean for my home financing? First off, an appraisal is not an inspection. Appraisals are a professional opinion on the value…

Protecting your identity in light of recent data concerns

  Recent news of the Equifax data breach has led to many concerns about protecting ones identity. At Evergreen, we want to help you stay informed and provide you with information so that you can take the necessary steps to protect your personal information and accounts. There are many credit monitoring services available that vary…

The Highest Offer Isn’t Always the Best: Gaining a Competitive Advantage in a Demanding Real Estate Market

Loan Officer Nick Wilson of the Bellevue, WA branch “I lost track of how many offers this couple submitted. It was around 11,” said Nick Wilson, a loan officer in the Evergreen Bellevue branch office. He was reflecting on a recent set of homebuyers who were losing out to a number of higher offers. They…