loans: Today’s Homebuying market May be Hotter than Ever
- 07/07/14 03:03 AM
Today’s Homebuying market May be Hotter than Ever by David Floan, Executive Vice President of Loan Production June 19, 2014 By Alex Considering a new home? Don’t be on the fence…buy it! Evergreen financed more home purchase loans in May than in any other month in its 27-year history—proving today’s home buying market may be hotter than ever. Here at Evergreen, we have plenty of reasons to be highly optimistic about the housing market. In fact, Evergreen had a record breaking month in May closing the highest number of home purchase loans in our company’s history. While this is great news … (0 comments)
loans: I work for an amazing company!
- 06/19/14 05:57 AM
Evergreen Home Loans Selected As One Of Washington’s Best Companies To Work For 2014 June 18, 2014 BELLEVUE, Washington – (6-18-14) – Evergreen Home Loans is pleased to announce that it has been selected as a top three (3) finalist as one of Washington’s 100 Best Companies to Work For in an annual ranking compiled by Seattle Business magazine.
“We’re honored that our associates have given us such high marks. We have a vision to change the world one relationship at a time. And that vision starts with how we treat our family of associates. I believe that … (0 comments)
loans: USDA Boundaries Not Changing!
- 01/17/14 08:13 AM
Great news for all buyers who are interested in getting a USDA home loan - We received word this week that the long awaited boundary adjustments have been put on hold again. As of right now, it sounds like the current boundaries will remain in place until at least September of 2014. This is positive for both buyers and sellers, so please help spread the word. If you would like to get pre-approved for a home purchase anywhere in the state of Washington, please give me a call! I look forward to hearing from you! Kind Regards, Kevin Hancock Loan Officer, MLO-108328 Evergreen … (0 comments)
Great News!!! The USDA program seems to be on the verge of securing new funding. Investors who purchase USDA loans are now beginning to issue guidance on how to handle the loans in the meantime. See below: "Fiscal Year 2010 Appropriated Funds - Issuing Conditional Commitments once Appropriated Funds are Exhausted The Single Family Housing Guaranteed Loan Program (SFHGLP) will issue Conditional Commitments once currently appropriated funds for Fiscal Year 2010 are exhausted. Conditional Commitments will be issued "subject to the availability of funds and Congressional authority to charge a 3.5 percent … (0 comments)
loans: Market Update
- 03/26/10 11:15 AM
Just a few quick thoughts I wanted to get out to potential who may be wondering if now is the right time to pull the trigger on a new home purchase: 1. The Fed's purchase program for Mortgage Backed securities will end on March 31st. This will almost certainly result in higher interest rates for mortgage loans in the near future. 2. As of April 5th, the FHA up-front Mortgage Insurance Premium is going up from 1.75% to 2.25% of the base loan amount. This will increase the UFMIP for a home purchase price of $200,000 by almost $1,000. 3. To qualify … (0 comments)
loans: USDA OUT OF MONEY...?
- 03/10/10 08:59 AM
photo courtesy of Francesco Marino at freedigitalphotos.net The rumors are already swirling that USDA could be running out of money to fund loans in the near future. I received the following e-mail this morning: "Loan Officers, This message is to notify you that program funding for the single Family Housing Guaranteed Loan Program will likely be exhausted by the end of April, 2010. Once funding is exhausted, the Agency will not issue Conditional commitments "subject to receipt of appropriated funds." This is because it is not certain when additional funding will be available. Limited Funding may become available for disaster … (0 comments)
Today’s Homebuying market May be Hotter than Ever by David Floan, Executive Vice President of Loan Production June 19, 2014 By Alex Considering a new home? Don’t be on the fence…buy it! Evergreen financed more home purchase loans in May than in any other month in its 27-year history—proving today’s home buying market may be hotter than ever.
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