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…

Evergreen Celebrates 30 Years of Growth and 30 Years of Home

At Evergreen Home Loans, we are passionate about helping people find their dream home. In 1987, Evergreen’s President Don Burton left his real estate job and set out to transform the mortgage business with a focus on removing long delays and last-minute surprises from the process. Now 30 years later, Evergreen has grown from one…

Time for a Fixer Upper? A Renovation Loan Could Be Right for You

In a busy housing market, it’s easy to feel discouraged when you can’t access a home in your dream neighborhood. Or perhaps you don’t have quite enough buying power to live in that top-rated school district. At Evergreen Home Loans, we know the importance of making a house a home. With that in mind, we…

The Constant Debate – Rent vs. Own

For most potential homebuyers, the debate of when to move from renting to owning is one of the hardest decisions outside FINDING their actual new home. Investing in the purchase of a new home is a big commitment, both on the financial and time scale. But, rent in major metropolitan areas continues to rise putting…

8 Tips for New Homeowners

You’ve moved in and you’re ready to make this new home your own. Before you jump into improvement projects or just simply relax in your new space, make sure you tackle these eight things you should know:   Change the locks. – Play it safe and change the locks on all exterior doors. You don’t…

Escrow to Equity: Home Terms You Should Know

In the process of purchasing a home, and even when you own a home, you’ll hear lots of terms. From amortization to equity and even easements and weather stripping, our team has compiled many of the common home loan and home repair terms you’re likely to run into. Whether you purchased your home 5 months…

7 Quick and Cost-Effective Home Updates

  Does your home need some updates that won’t break the piggy bank or involve a professional contractor? We’ve got 7 quick home updates you can handle often in a weekend or less:   Paint – Think walls, but also your ceilings and some floors. A fresh coat of paint is an easy way to…

Not All Preapprovals are Created Equal

The home loan process can quite often feel like rocket science. There are lots of new terms and quick decisions that can make your head spin. It’s important to work with a company you can trust to be an expert partner who will walk you through the home loan process giving you peace of mind….