Evergreen National Bank Mortgage Rates, Fees & Info
Evergreen, COLEI: 5493006G148FKG4GC506
Tax ID: 84-0840141
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Mortgage Data
Review & Overview
Evergreen National Bank is a smaller bank specializing in Home Purchase and Refi loans. Evergreen National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Denver, Colorado Springs, Steamboat Springs, Santa Fe, and Pueblo among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Evergreen National Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
38Origination Dollar Volume (All Markets)
$10,980,000Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 29 | $8,065,000 | $278,103 | $0 | 0.00% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $1,330,000 | $665,000 | $0 | 0.00% |
| Steamboat Springs, CO (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $405,000 | $135,000 | $0 | 0.00% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| PUEBLO, CO (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 38 | $10,980,000 | $288,947 | $0 | 0.00% |
For 2018, Evergreen National Bank's most frequently originated type of loan was Conventional, with 38 originations.
Loan Reason
For 2018, Evergreen National Bank's most frequently cited loan purpose was Home Purchase, with 14 originations. The 2nd most popular reason was Refi, with 13 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 38 | $10,980,000 | $288,947 | $0 | 0.00% |
For 2018, Evergreen National Bank's most frequently cited loan duration was Other, with 38 originations.
Loan Sizing
2018 saw Evergreen National Bank place emphasis on $100,000 or less loans with 15 originations, totaling $865,000 in origination value.
Applicant Income
Evergreen National Bank lent most frequently to those with incomes in the $100k-150k range, with 7 originations. The second most popular income band? $50k-75k, with 7 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 38 | $10,980,000 | $288,947 | $0 | 0.00% |
Evergreen National Bank lent most frequently to those with DTI ratios of Exempt%, with 38 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.73%
Evergreen National Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination86.84%
Evergreen National Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 38 | $10,980,000 | $288,947 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 3 | $2,565,000 | $855,000 |
| Single Family (1-4 Units):Site-Built | 35 | $8,415,000 | $240,429 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Evergreen Moneysource Mortgage Company | FHA mortgage | Closing on a mortgage | 2 | 50.0% |
| Evergreen Moneysource Mortgage Company | FHA mortgage | Struggling to pay mortgage | 1 | 25.0% |
| Evergreen Moneysource Mortgage Company | VA mortgage | Struggling to pay mortgage | 1 | 25.0% |