I’m happy to announce the birth of the greatest mortgage company that history will remember: Evergreen Mortgage! After long consideration, I decided that launching my own mortgage company would best serve my long term goals as well as the needs of my clients.
What Does This Mean for You?
You may all be thinking “that’s nice, Kjell”, but here is how you are affected by this announcement:
· Lower Rates and Fees – By starting my own company, I cut out a battalion of middlemen, meaning there are less expenses to cover. That means I can pass on the savings to my clients by offering lower rates and fees. Origination fees are decreasing by over 40% and rates will be over 0.375% lower (a 10% decrease).
· Your loan will close faster – Evergreen Mortgage is a brokerage, which means we don’t lend our own money (if I had $200 million to lend, I probably wouldn’t be writing my own blog posts!). I’ve brokered a few loans before and I’ve noticed that wholesale lenders underwrite smoother and faster because they have to compete with all of the other lenders (if I think a lender is being slow, I won’t send them any more loans).
So, if you or your friends/family have been holding out on buying a home or refinancing, hold out no longer. Give us a call and see how we can help.
