Evergreen Moneysource Mortgage Company Rates, Fees & Info

OLYMPIA, WA

LEI: 54930060G4MDPWHISD89

Tax ID: 91-1374387

1.9 stars - out of 5 stars, based on 122 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Evergreen Moneysource Mortgage Company is a mid-sized mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Evergreen Moneysource Mortgage Company has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Seattle, Las Vegas, Portland, Boise City, and Bremerton among others. Evergreen Moneysource Mortgage Company has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Evergreen Moneysource Mortgage Company is typically a high fee lendor.


Originations

14,992

Origination Dollar Volume (All Markets)

$5,252,500,000

Awards

EVERGREEN MONEYSOURCE MORTGAGE COMPANY FHA Loans gold EVERGREEN MONEYSOURCE MORTGAGE COMPANY 30 Year Conventional Loans bronze EVERGREEN MONEYSOURCE MORTGAGE COMPANY FHA Loans gold
Show all (3) awards

Relative Rate

Evergreen Moneysource Mortgage Company's average 30 year fixed rate mortgage of loans were 3.28%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.13%.

Relative Fees

Evergreen Moneysource Mortgage Company's average total fees for a 30 year fixed rate mortgage are $7,440.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 3,558 $1,598,490,000 $449,266 $7,700 3.24%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1,440 $452,070,000 $313,938 $7,305 3.29%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1,044 $369,960,000 $354,368 $7,083 3.27%
BOISE CITY, ID (FHA|USDA|VA) 1,296 $369,490,000 $285,100 $8,000 3.04%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 917 $333,455,000 $363,637 $7,300 3.23%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 413 $156,505,000 $378,947 $6,685 3.23%
Outside of Metro Areas 584 $148,260,000 $253,870 $6,536 3.30%
MEDFORD, OR (FHA|USDA|VA) 449 $142,995,000 $318,474 $8,389 3.18%
Port Angeles, WA (FHA|USDA|VA) 374 $124,570,000 $333,075 $5,209 3.28%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 308 $113,600,000 $368,831 $7,496 3.26%
RENO, NV (FHA|USDA|VA) 283 $100,565,000 $355,353 $4,313 3.14%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 259 $89,595,000 $345,927 $8,075 3.29%
YAKIMA, WA (FHA|USDA|VA) 294 $75,470,000 $256,701 $6,085 3.34%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 252 $73,490,000 $291,627 $6,848 3.32%
WENATCHEE, WA (FHA|USDA|VA) 203 $71,745,000 $353,424 $7,633 3.32%
BEND, OR (FHA|USDA|VA) 216 $71,030,000 $328,843 $7,087 3.36%
STOCKTON, CA (FHA|USDA|VA) 214 $67,840,000 $317,009 $8,513 3.40%
Ellensburg, WA (FHA|USDA|VA) 168 $57,190,000 $340,417 $7,576 3.23%
YUBA CITY, CA (FHA|USDA|VA) 180 $54,160,000 $300,889 $6,872 3.26%
Sandpoint, ID (FHA|USDA|VA) 164 $51,870,000 $316,280 $7,051 3.27%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 165 $51,595,000 $312,697 $6,300 3.27%
LONGVIEW, WA (FHA|USDA|VA) 182 $50,810,000 $279,176 $8,375 3.37%
Shelton, WA (FHA|USDA|VA) 157 $49,395,000 $314,618 $7,723 3.41%
Moses Lake, WA (FHA|USDA|VA) 161 $44,425,000 $275,932 $8,025 3.32%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 82 $36,340,000 $443,171 $6,683 3.30%
SALEM, OR (FHA|USDA|VA) 119 $35,515,000 $298,445 $7,387 3.46%
Newport, OR (FHA|USDA|VA) 120 $34,630,000 $288,583 $8,078 3.39%
Outside of Metro Areas 88 $29,030,000 $329,886 $6,688 3.24%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 92 $28,000,000 $304,348 $6,314 3.32%
Oak Harbor, WA (FHA|USDA|VA) 72 $27,680,000 $384,444 $7,335 3.26%
CHICO, CA (FHA|USDA|VA) 91 $23,345,000 $256,538 $6,754 3.38%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 68 $22,200,000 $326,471 $6,806 3.20%
Truckee-Grass Valley, CA (FHA|USDA|VA) 60 $21,690,000 $361,500 $6,626 3.12%
Prineville, OR (FHA|USDA|VA) 74 $19,610,000 $265,000 $6,360 3.31%
Winnemucca, NV (FHA|USDA|VA) 70 $18,940,000 $270,571 $4,238 3.33%
Centralia, WA (FHA|USDA|VA) 59 $18,215,000 $308,729 $8,743 3.39%
Aberdeen, WA (FHA|USDA|VA) 63 $14,835,000 $235,476 $6,864 3.34%
GRANTS PASS, OR (FHA|USDA|VA) 42 $12,950,000 $308,333 $7,433 3.18%
MODESTO, CA (FHA|USDA|VA) 38 $12,660,000 $333,158 $8,934 3.51%
BELLINGHAM, WA (FHA|USDA|VA) 31 $11,885,000 $383,387 $7,648 3.16%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 23 $11,335,000 $492,826 $10,293 3.37%
Fernley, NV (FHA|USDA|VA) 35 $9,705,000 $277,286 $6,112 3.35%
Pahrump, NV (FHA|USDA|VA) 34 $8,740,000 $257,059 $7,761 3.21%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 28 $8,340,000 $297,857 $4,724 3.40%
Ontario, OR-ID (FHA|USDA|VA) 33 $7,385,000 $223,788 $6,286 3.03%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 23 $6,755,000 $293,696 $8,209 3.35%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 12 $6,580,000 $548,333 $7,949 3.08%
MERCED, CA (FHA|USDA|VA) 19 $5,695,000 $299,737 $7,246 2.98%
Klamath Falls, OR (FHA|USDA|VA) 23 $5,485,000 $238,478 $7,244 3.57%
ALBANY-LEBANON, OR (FHA|USDA|VA) 19 $5,275,000 $277,632 $7,389 3.29%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 9 $5,095,000 $566,111 $7,800 3.22%
Mountain Home, ID (FHA|USDA|VA) 23 $5,015,000 $218,043 $9,304 3.07%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 10 $4,970,000 $497,000 $12,355 3.67%
WALLA WALLA, WA (FHA|USDA|VA) 16 $4,680,000 $292,500 $8,671 3.36%
Fallon, NV (FHA|USDA|VA) 18 $4,380,000 $243,333 $6,583 3.21%
CORVALLIS, OR (FHA|USDA|VA) 13 $4,315,000 $331,923 $7,359 3.34%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 6 $3,830,000 $638,333 $10,300 3.06%
Brookings, OR (FHA|USDA|VA) 11 $3,805,000 $345,909 $9,637 3.49%
BAKERSFIELD, CA (FHA|USDA|VA) 12 $3,370,000 $280,833 $7,778 3.49%
CARSON CITY, NV (FHA|USDA|VA) 10 $3,090,000 $309,000 $3,663 3.36%
Hailey, ID (FHA|USDA|VA) 6 $2,990,000 $498,333 $6,584 3.21%
VALLEJO, CA (FHA|USDA|VA) 8 $2,870,000 $358,750 $6,740 3.06%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $2,515,000 $503,000 $7,103 3.25%
Roseburg, OR (FHA|USDA|VA) 10 $2,490,000 $249,000 $7,014 3.45%
IDAHO FALLS, ID (FHA|USDA|VA) 12 $2,460,000 $205,000 $7,151 2.77%
Astoria, OR (FHA|USDA|VA) 8 $2,440,000 $305,000 $6,722 3.06%
Gardnerville Ranchos, NV (FHA|USDA|VA) 4 $2,400,000 $600,000 $5,509 3.15%
Othello, WA (FHA|USDA|VA) 7 $1,935,000 $276,429 $8,138 3.30%
Hermiston-Pendleton, OR (FHA|USDA|VA) 9 $1,925,000 $213,889 $8,075 3.64%
REDDING, CA (FHA|USDA|VA) 6 $1,710,000 $285,000 $6,856 3.50%
FRESNO, CA (FHA|USDA|VA) 4 $1,700,000 $425,000 $5,584 3.22%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $1,540,000 $770,000 $8,309 3.00%
TWIN FALLS, ID (FHA|USDA|VA) 6 $1,440,000 $240,000 $7,339 3.21%
POCATELLO, ID (FHA|USDA|VA) 10 $1,400,000 $140,000 $5,169 3.11%
SALINAS, CA (FHA|USDA|VA) 3 $1,325,000 $441,667 $6,741 3.12%
LEWISTON, ID-WA (FHA|USDA|VA) 5 $1,215,000 $243,000 $8,366 3.17%
TUCSON, AZ (FHA|USDA|VA) 7 $1,125,000 $160,714 $5,483 3.52%
Burley, ID (FHA|USDA|VA) 7 $1,035,000 $147,857 $5,920 2.91%
Sonora, CA (FHA|USDA|VA) 4 $950,000 $237,500 $8,194 3.15%
Red Bluff, CA (FHA|USDA|VA) 3 $935,000 $311,667 $6,297 3.08%
Coos Bay, OR (FHA|USDA|VA) 4 $900,000 $225,000 $6,029 3.34%
Eureka-Arcata, CA (FHA|USDA|VA) 2 $780,000 $390,000 $8,845 2.69%
The Dalles, OR (FHA|USDA|VA) 3 $765,000 $255,000 $7,511 3.16%
Hood River, OR (FHA|USDA|VA) 2 $760,000 $380,000 $5,885 3.88%
MADERA, CA (FHA|USDA|VA) 2 $760,000 $380,000 $11,268 3.69%
BILLINGS, MT (FHA|USDA|VA) 2 $630,000 $315,000 $8,824 3.31%
Crescent City, CA (FHA|USDA|VA) 2 $630,000 $315,000 $5,208 3.18%
Payson, AZ (FHA|USDA|VA) 2 $620,000 $310,000 $7,484 3.38%
Blackfoot, ID (FHA|USDA|VA) 2 $590,000 $295,000 $7,742 2.99%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $560,000 $280,000 $5,155 3.06%
NAPA, CA (FHA|USDA|VA) 1 $505,000 $505,000 $19,591 4.13%
GREAT FALLS, MT (FHA|USDA|VA) 1 $495,000 $495,000 $25,272 3.38%
Helena, MT (FHA|USDA|VA) 2 $490,000 $245,000 $4,408 3.75%
EL CENTRO, CA (FHA|USDA|VA) 1 $435,000 $435,000 $4,727 3.50%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $405,000 $405,000 $8,971 3.50%
Pullman, WA (FHA|USDA|VA) 1 $395,000 $395,000 $6,738 4.25%
MISSOULA, MT (FHA|USDA|VA) 1 $365,000 $365,000 $11,770 2.99%
Nogales, AZ (FHA|USDA|VA) 1 $365,000 $365,000 $5,311 2.75%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $345,000 $345,000 $10,595 3.50%
La Grande, OR (FHA|USDA|VA) 1 $295,000 $295,000 $4,719 3.25%
YUMA, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $14,871 2.88%
Susanville, CA (FHA|USDA|VA) 1 $255,000 $255,000 $6,859 3.63%
VISALIA, CA (FHA|USDA|VA) 1 $255,000 $255,000 $11,552 3.13%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $155,000 $155,000 $4,327 3.63%
Rexburg, ID (FHA|USDA|VA) 1 $125,000 $125,000 $0 2.25%

Evergreen Moneysource Mortgage Company's top markets include Seattle, Las Vegas, Portland, Boise City, and Bremerton among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 12,033 $4,224,925,000 $351,112 $6,463 3.23%
FHA 1,866 $602,730,000 $323,006 $11,945 3.41%
VA 979 $390,305,000 $398,677 $11,343 3.17%
USDA 114 $34,540,000 $302,982 $8,887 3.23%

For the 2021 period, Evergreen Moneysource Mortgage Company's most frequently originated loan type of loans were Conventional, with 12,033 originations. Their 2nd most popular type is FHA, with 1,866 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 7,825 $3,002,025,000 $383,645 $8,051 3.29%
Refi 3,778 $1,180,410,000 $312,443 $6,061 3.12%
Cash Out Refi 3,386 $1,069,530,000 $315,868 $7,075 3.31%
Home Improvement 3 $535,000 $178,333 $8,495 4.79%

For the 2021, Evergreen Moneysource Mortgage Company's most frequently cited loan purpose of loans were Home Purchase, with 7,825 originations. The 2nd most popular reason of loans were Refi, with 3,778 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 13,541 $4,897,785,000 $361,700 $7,440 3.28%
15 Year 854 $215,970,000 $252,892 $5,020 2.67%
20 Year 295 $74,685,000 $253,169 $5,805 3.11%
30+ year 109 $43,235,000 $396,651 $12,227 4.76%
10 Year 101 $6,575,000 $65,099 $4,595 4.18%
Other 92 $14,250,000 $154,891 $6,231 1.64%

For the 2021, Evergreen Moneysource Mortgage Company's most frequently cited loan length of loans were 30 Year, with 13,541 originations. The 2nd most popular length of loans were 15 Year, with 854 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$3k-4k 4,780 $1,513,110,000 $316,550
$5k+ 3,988 $1,726,570,000 $432,941
$1k-2k 3,321 $1,188,475,000 $357,867
$2k-3k 2,267 $649,105,000 $286,328
$<1k 563 $153,225,000 $272,158

$7,440 of loans were Evergreen Moneysource Mortgage Company's average total fees, while their most frequently occuring range of origination fees were in the $3k-4k bucket, with 4,780 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 8,618 $3,143,140,000 $364,718
2.5-3% 5,022 $1,723,580,000 $343,206
4-5% 711 $216,935,000 $305,113
<2.5% 607 $157,715,000 $259,827
5-6% 34 $11,130,000 $327,353

During 2021, Evergreen Moneysource Mortgage Company's average interest rate of loans were 3.28%, while their most frequently originated rate bucket of loans were 3-4%, with 8,618 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 8,336 $2,494,240,000 $299,213 $6,896 3.26%
$400k-600k 3,566 $1,707,740,000 $478,895 $8,515 3.27%
$100k-200k 1,932 $308,020,000 $159,431 $4,946 3.17%
$600k-1MM 781 $561,705,000 $719,213 $10,095 3.25%
$100,000 or less 245 $9,975,000 $40,714 $3,771 3.19%
$1MM+ 132 $170,820,000 $1,294,091 $14,634 3.18%

2021 saw Evergreen Moneysource Mortgage Company place emphasis on $200k-400k loans with 8,336 originations, totaling $2,494,240,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 3,723 $1,020,945,000 $274,226 $6,994 3.25%
$100k-150k 3,448 $1,342,790,000 $389,440 $7,608 3.28%
$75k-100k 3,287 $1,083,895,000 $329,752 $7,342 3.27%
$150k-250k 2,019 $945,195,000 $468,150 $7,726 3.24%
$50k or less 1,516 $301,670,000 $198,991 $5,673 3.18%
$250k+ 751 $467,215,000 $622,124 $8,806 3.24%

Evergreen Moneysource Mortgage Company lent most frequently to those with incomes in the $50k-75k range, with 3,723 originations. The second most popular income band? $100k-150k, with 3,448 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 2,592 $896,610,000 $345,914 $6,520 3.17%
30-36% 2,590 $911,430,000 $351,903 $6,886 3.24%
44% 860 $292,860,000 $340,535 $6,913 3.32%
<20% 786 $255,910,000 $325,585 $6,044 3.08%
43% 742 $252,380,000 $340,135 $7,114 3.33%
41% 693 $255,345,000 $368,463 $7,434 3.32%
42% 692 $248,000,000 $358,382 $7,419 3.33%
50-60% 649 $228,415,000 $351,949 $11,941 3.34%
39% 603 $215,185,000 $356,857 $7,014 3.29%
40% 594 $219,020,000 $368,721 $7,555 3.29%
49% 558 $196,240,000 $351,685 $7,697 3.26%
38% 551 $202,035,000 $366,670 $7,334 3.30%
45% 517 $179,255,000 $346,721 $7,642 3.29%
37% 509 $182,975,000 $359,479 $7,086 3.26%
36% 490 $177,270,000 $361,776 $7,203 3.28%
48% 470 $159,590,000 $339,553 $7,744 3.26%
46% 464 $157,250,000 $338,901 $7,810 3.30%
47% 451 $155,425,000 $344,623 $7,807 3.27%
>60% 38 $18,770,000 $493,947 $13,576 3.20%

Evergreen Moneysource Mortgage Company lent most frequently to those with DTI ratios of 20-30%, with 2,592 originations. The next most common DTI ratio? 30-36%, with 2,590 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 11,764 $4,059,660,000 $345,092 $7,219 3.25%
Not provided 2,053 $757,185,000 $368,819 $7,359 3.25%
Asian 490 $185,210,000 $377,980 $7,554 3.27%
Black 430 $162,800,000 $378,605 $8,182 3.33%
American Indian 177 $61,485,000 $347,373 $7,504 3.27%
Native Hawaiian 76 $25,550,000 $336,184 $8,462 3.18%
Filipino 1 $365,000 $365,000 $3,685 3.63%
Vietnamese 1 $245,000 $245,000 $4,525 3.50%

Approval Rates

Total approvals of all applications
97.22%

Evergreen Moneysource Mortgage Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
75.02%

Evergreen Moneysource Mortgage Company has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 14,992 $5,252,500,000 $350,354

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
14,992 $5,252,500,000 $350,354

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 787 $169,985,000 $215,991 $4,836 3.02%
40-60% 2,543 $747,525,000 $293,954 $5,633 3.10%
60-80% 5,193 $1,901,065,000 $366,082 $6,989 3.29%
80-100% 6,023 $2,319,025,000 $385,028 $8,289 3.32%
Over 100% 243 $103,435,000 $425,658 $17,915 3.24%
Under 20% 203 $11,465,000 $56,478 $4,097 3.13%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
Evergreen Moneysource Mortgage Company Conventional home mortgage Closing on a mortgage 1 25.0%
Evergreen Moneysource Mortgage Company Conventional home mortgage Struggling to pay mortgage 1 25.0%
Evergreen Moneysource Mortgage Company Other type of mortgage Closing on a mortgage 1 25.0%
Evergreen Moneysource Mortgage Company VA mortgage Closing on a mortgage 1 25.0%