How Much Do You Need for Your Down Payment?

If you’ve been thinking of buying a home, you’re likely working on saving for your purchase. But do you know how much you actually need for a down payment? If you think you have to put 20% down, you may have set your goal based on a common misconception. Freddie Mac says: “The most damaging…

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The Mortgage Process Doesn’t Have to be Scary!

Applying for a mortgage is definitely a big step, but it doesn’t need to be one you fear. Breaking down the process into simple steps can take the uncertainty out of the mortgage process. Step 1- Know your credit score. This is a great starting point because your credit score and history have a big…

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How to Think Strategically as a Buyer in Today’s Market

The homebuying process, like chess, requires strategy and planning. Pre-Approval: the Best Opening Play You can Make Your starting move can affect the rest of your transaction, it’s important to have a great opening play when you’re buying a home. The best strategy you can have when you begin your home search is getting pre-approved…

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Home Equity is Growing

We have some great news for homeowners – equity today is on the rise! Today’s growing equity is great news for homeowners–on average, homeowners have gained $51,500 in equity since this time last year. If you’re not a homeowner yet, here’s some great information on the benefits of buying a home. Whether it’s funding an…

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CashUp Program by Evergreen

CashUp by Evergreen can help you serve buyers and grow your business more efficiently! Turn your house hunter into a cash buyer – With CashUp by Evergreen, homebuyers are preapproved as cash buyers up front with a fully underwritten credit package. Up the offer with no financing and no appraisal contingency – When your clients…

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REDUCE HOME HEATING COSTS

Some simple things you can do to cut down on your heating bills, save money and keep your house warm! Read on for energy saving tips… Now that the weather is starting to cool down, you might be dreading that utility bill coming your way! There are some simple changes you can make to keep…

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Evergreen News Flash!

In anticipation of the Federal Housing Finance Agency (FHFA), we’re announcing increasing the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2022. Evergreen will allow the following temporary 2022 Conventional Conforming loan amounts effective immediately: 1 unit – $625,000 2 unit – $800,250 3 unit – $967,250 4 unit…

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The Cost of Waiting…

If you wait for a lower mortgage rate – it could cost you! The housing market today is truly one for the record books. We’ve seen the lowest mortgage rates in HISTORY. While the rates seemed to bottom out at the beginning of 2021, the window of opportunity for buyers isn’t over yet. If you’ve…

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RENTING VS. BUYING

When it comes down to whether you should rent or buy, consider these factors! When you rent, there is no control over the consistency of your payment. Rent prices have been rising aggressively for decades! As a homebuyer, you can lock in a set monthly payment for 15-30 years. You want to build your wealth!…

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Home Price Appreciation Skyrocketed in 2021, What will it be in 2022?

One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year. Here are the latest percentages showing the year-over-year increase in home price appreciation: The House Price…

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