Borrowers

Whether you’re consolidating debts, renovating your home, making an investment—or whatever reason, Evergreen can get you fast access to the cash stored in your property’s equity.  

What makes us different?  Flexibilitywe lend our own money so we make our own lending decisions. 

Real estate is the key to loan approval.  All types of property are considered: residential, commercial, industrial, agricultural, bare land.

Ask us about our:

EquityPlus Mortgage

flexible approval criteria personalized to your needs

Click on each plus (+) below for a detailed description of what to expect when working with Evergreen.

Even though everyone’s situation is different, the first question most people ask is remarkably common: “I’m looking to get a loan, how does this work?” This is where our experience starts to show. Typically, we’ll answer every query you have and then move onto the questions you  didn’t even know you wanted to ask.

Our goal is to educate you about the process so that you feel more confident. We want you to know that you are dealing with a company that understands your situation, what you’re looking to accomplish, and how to get the job done.

The next step is the information gathering stage. By this time you have made the decision to move forward with applying for the loan.  Through a general conversation combined with a brief question and answer period, we will walk you through the application process in a way that’s easy to understand and follow along. Information gathered can generally be broken down into five categories:

  • loan details
  • personal information
  • real estate information
  • your other assets
  • your other liabilities

Completing an application doesn’t have to be a daunting task. We’ll walk you through it and keep it simple.

Don’t let this word scare you: It’s just a industry term to describe the process of reviewing your information against lending policies to see what you qualify for. 

This is where our philosophy of equity-based Common Sense Lending™ jumps us straight to the front of the pack.  We are the lender—we make the lending decisions.  Simply put, if what you’re trying to accomplish makes sense—we want to lend!

Any time you sign a mortgage the experience can be quite intimidating with all the serious-looking paperwork to sign.  Our commitment to you is to ensure you understand exactly what you are getting into while minimizing the amount of paperwork as best as we can.

Here is how it works:

Once the underwriting process is complete you will receive your approval from us in the form of “disclosure documents.”  We will walk you through these forms making sure that everything is explained to you in as much detail as you need.

Typically, two days after you sign disclosure documents you will be able to sign the actual mortgage paperwork.  According to government regulations you must sign these in front of your own lawyer to ensure your interests are being protected.  Our legal department will provide your lawyer with the mortgage documents and supporting paperwork.  Once signed, your lawyer will send them back to our lawyer who will then get started with the registration and confirmation process. Depending on where you live, which bank, insurance company… you deal with, this process typically takes between 1 and 3 days.

Once this process is complete, the next step is to get the money from your loan into your hands.

Once registration and the confirmations are complete the process is just about finished.  While the lawyers are cutting your cheque we typically conduct one last review of the file with you to ensure all is in order.  The following is a timeline of a typical transaction:

Day 1 / Day 2 – inquire, apply, approve, disclosure
Day 3 / Day 4 – sign mortgage with your lawyer
Day 4 / Day 8 – our lawyer completes processes
Day 5 / Day 9 – Get your money.

Common Sense Lending™​