Evergreen Home Loans

May 2018

How Current Interest Rates Can Have an Impact on Your Purchasing Power

By |May 29th, 2018|

There have been rumors of 5% – 6% interest rates for over 2 years now– the only difference between then, and now, is that now it’s happening.  The new normal for a Conventional home loan above 65% loan to value is going to fall into the 5% interest rate range by the end of […]

July 2017

The Constant Debate – Rent vs. Own

By |July 11th, 2017|

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 timescale. But, rent in major metropolitan areas continues to rise putting […]

May 2017

Secrets for a Smooth Loan Approval.

By |May 14th, 2017|

Do
• Continue making your mortgage or rent payments
• Stay current on all existing accounts
• Keep working at your current employer
• Keep the same insurance company
• Continue living at your current residence
• Continue to use your credit as normal
• Call us if you have any questions

 
Don’t
• Make any major purchase (car, boat, fur, jewelry, furniture, […]

April 2017

Home Shopping? Check This!

By |April 14th, 2017|

You’ve been daydreaming of a new home. You’ve spent hours online perusing the latest listings. And you’ve decided you’re ready to make the big move. But have you taken the time to financially prepare for this major undertaking? We’ll help you get ready and set to shop with a list of must-do steps.

Get your […]

March 2017

What’s an escrow? (And other terms every homeowner should know.)

By |March 14th, 2017|

You made it through the complex and lingo-infused process of shopping for and purchasing a home. Whether that was five months or 15 years ago, you may still have some questions about terms related not only to your home loan, but also to your home itself. We’ll shed some light by defining 12 terms […]

January 2017

Revive Your Style for 2017

By |January 13th, 2017|

Ready, set, get inspired! We’ve reviewed the latest home design blogs and trend reports to give you this roundup of six fresh looks for your abode in 2017.

 
Color, Color, Color!
 

 

Gray remains the “it” neutral choice. But prepare to punch up the palette with jewel tones and a plethora of pinks, plus dazzling blue, popsicle […]

December 2016

Eight Things Every New Homeowner Needs to Know

By |December 11th, 2016|

There’s nothing quite like the heady excitement of moving into a new place. After the searching, the negotiating, the paperwork, the packing and the moving — you’re finally in! Now it’s time to simply relax and begin making the house into a home, right? Well … sort of.

Now is actually a perfect time to […]

November 2016

RIP Mortgage Insurance

By |November 17th, 2016|

MIP (Mortgage Insurance Premium) is insurance homeowners pay to FHA to protect the lender against loss on FHA insured loans.

 

You may be able to eliminate this monthly fee in certain cases. In some areas, values have gone up enough to allow homeowners to refinance and drop this charge. To find out if this applies to you, […]

October 2016

When Should You Refinance Your Home Loan?

By |October 14th, 2016|

Reducing household spending isn’t the only way to save money on homeownership. You may also be able to significantly cut monthly costs by refinancing your home loan, especially when interest rates are low. A “refi” can offer other advantages, too. But there are also potential downsides. So how do you know if it’s right […]

September 2016

Know the Neighborhood – Before You Buy

By |September 11th, 2016|

From urban hot spot to quiet countryside, the right neighborhood can make all the difference between loving your new digs and longing for your old home.  Check out these tips for investigating neighborhoods when you’re house hunting
Dream First
What does your dream neighborhood look like?  What’s most important to you?  Top-notch schools, nearby parks, lots […]