Evergreen Home Loans

What Evergreen Home Loans does

Evergreen Home Loans, operating under the legal name Evergreen Moneysource Mortgage Company, is a privately held, full-service direct mortgage lender headquartered in Bellevue, Washington. Founded in 1987 by Don Burton, the company originates purchase and refinance mortgages — including conventional, FHA, VA, USDA, jumbo, HELOC, construction, and renovation loans — for individual first-time and repeat homebuyers. It distributes these products through a sales-led network of 56 branch locations across 29 states staffed by local loan officers, complemented by online application and self-serve servicing portals (Loansphere Servicing Digital / Sagent's Dara platform). The company has earned multiple workplace awards and reports a 4.93/5 customer rating across 27,000+ reviews and a 98% on-time closing rate in 2025.

The company differentiates in a commoditized mortgage market through its proprietary CashUp® product suite, which includes competitive cash-offer programs (CashUp, Fast as Cash), a buy-before-you-sell portfolio bridge loan (StepUp), a rate-lock program (Lock-n-List), and the Security Plus Seller Guarantee® (recently strengthened to a $10,000 guarantee). Evergreen monetizes primarily through origination fees, gain-on-sale revenue on originated loans, interest income, and recurring servicing fees. Underlying technology includes a digital mortgage application portal, customer-facing loan-servicing portal (Loansphere via Sagent's Dara), Experience.com for review management, and standard analytics/marketing integrations (Google Analytics, LinkedIn, Meta), with no disclosed proprietary AI/ML capability.

The business is founder/owner-controlled (Don Burton remains CEO), with no disclosed PE/VC backing or parent entity. From 2025 onward, Evergreen has executed a notable national expansion strategy, entering Texas, the Carolinas, Arizona, the Southeast, and Midwest while adding a Chief Strategy Officer and multiple regional/area leaders to support continued growth.

Name

Evergreen Home Loans

Legal name

Evergreen Moneysource Mortgage Company

Website

https://evergreenhomeloans.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Evergreen Home Loans is a privately held, full-service direct mortgage lender founded in 1987, operating 56 branches across 29 states and offering purchase, refinance, HELOC, construction, and renovation loans to first-time and repeat homebuyers, differentiated by its CashUp® product suite.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Purchase Mortgage Origination (Homebuyer Focused) (FSALAAAD)

akta.pro secondary industry

Closed-End Home Equity Loans (Second Mortgages) (FSALAGAA)

Keywords

• Residential mortgage lending
• Home purchase loans
• Mortgage refinancing
• Home equity lending
• Government-backed mortgages

Headquarters

HQ city

Bellevue

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Mortgage Origination: Evergreen Home Loans generates revenue primarily through origination fees and interest income from mortgage loans. As a direct mortgage lender, they originate various loan types including conventional, FHA, VA, USDA, and jumbo loans for home purchases and refinances.
2. Mortgage Servicing: Revenue from servicing mortgage loans after origination, including managing payments, escrow, and borrower communications. The company uses Sagent's Dara platform for enhanced servicing operations.
3. Home Equity Products: HELOC (Home Equity Line of Credit) products and related home equity lending services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Evergreen Home Loans is a full-service direct mortgage lender that originates, funds, and services residential mortgage loans for individual homebuyers and homeowners. Its core product set spans conventional, FHA, VA, USDA, and jumbo purchase and refinance mortgages, plus HELOC, construction, and renovation loans, augmented by proprietary programs (CashUp®, Security Plus Seller Guarantee®, StepUp) designed to help buyers win competitive offers and bridge the buy-before-you-sell gap.

Product overview

Evergreen Home Loans is a full-service direct mortgage lender offering a comprehensive portfolio of mortgage products and services. The core offering centers on purchase and refinance mortgages (fixed rate, adjustable rate, FHA, VA, USDA, jumbo) and specialized programs including CashUp® (a suite of cash-offer tools including Security Plus Seller Guarantee, StepUp, Lock-n-List, and Fast as Cash), construction and renovation loans, and HELOC products. The company combines traditional mortgage lending with digital tools (Digital Mortgage Advantage) and operates a mortgage servicing platform powered by Dara by Sagent. Mortgage calculators are available as辅助 tools for homebuyers.

Differentiator

Problem solved

Functional benefit

Brands

• CashUp® by Evergreen: Home buying product suite that helps buyers make competitive cash offers
• StepUp
• Lock-n-List
• Fast as Cash
• Security Plus Seller Guarantee®
• Evergreen Advantage
• HELIX

Products and services

• CashUp® by Evergreen CashUp® by Evergreen is a suite of home buying advantage products that helps buyers make competitive cash offers and includes seller guarantees and programs to buy before selling. It is designed for individual homebuyers competing in tight housing markets.
• Security Plus Seller Guarantee® Security Plus Seller Guarantee® is a seller guarantee program attached to a buyer's mortgage pre-approval that gives the buyer a competitive advantage in the marketplace. It was recently enhanced to provide a $10,000 guarantee and is offered to individual homebuyers competing against cash or higher offers.
• StepUp (Buy-Before-You-Sell Portfolio Loan) StepUp is a buy-before-you-sell portfolio loan program that allows buyers to purchase a new home before selling their current home using a bridge loan with potential closing in as little as 15 business days. It is aimed at move-up buyers who want to avoid a contingent offer.
• Lock-n-List Lock-n-List is a CashUp product that helps buyers lock in their mortgage rate while searching for their next home, supporting both repeat buyers and move-up buyers who want rate certainty during a home search.
• Fast as Cash Fast as Cash is a CashUp product designed to help buyers make fast, competitive cash-like offers when competing for a home, allowing financed buyers to compete with all-cash purchasers.
• Conventional Fixed-Rate and Adjustable-Rate Mortgages Evergreen's conventional fixed-rate and adjustable-rate mortgage options are traditional conforming loans for qualified individual homebuyers and refinancers, with rates varying based on credit profile, loan amount, and down payment.
• FHA Loans FHA Loans are Federal Housing Administration insured mortgages designed for first-time and lower-down-payment homebuyers. Evergreen holds FHA Non-Supervised Lender approval (No. 7110800000) and offers the program nationwide through its 56 branches.
• VA Loans VA Loans are Veterans Affairs backed mortgages for eligible military service members and veterans. Evergreen holds VA Approved Lender status (No. 98582900004) and provides VA loans through its branch network and loan officers.
• USDA Loans USDA Loans are United States Department of Agriculture mortgages for rural property purchases, typically with zero down payment options. Evergreen holds USDA Approved Lender status (No. 91-1374387) and offers the program in eligible rural areas.
• Jumbo Loans Jumbo Loans are non-conforming residential mortgages for loan amounts exceeding conventional conforming loan limits, offered to qualified high-balance borrowers across Evergreen's 29-state footprint.
• Refinance Loans Refinance Loans are mortgage refinancing products for homeowners seeking to replace an existing mortgage with new terms — typically rate-and-term refinance or cash-out refinance for debt consolidation or home improvements. Evergreen tailors refinance solutions to individual homeowner goals.
• HELOC (Home Equity Line of Credit) HELOC is a revolving home equity line of credit product available through evergreenheloc.com for homeowners seeking to access the equity in their property for renovations, debt consolidation, or other needs.
• Construction Loans Construction Loans finance the build of a new home, including the construction phase funding that converts to a permanent mortgage upon completion. Offered to individual homeowners building or contracting a new residence.
• Renovation Loans Renovation Loans finance home renovation and remodeling projects, including fixer-upper financing for individual homeowners who want to purchase and rehab a property.
• Evergreen Advantage (Digital Mortgage Advantage) Evergreen Advantage (Digital Mortgage Advantage) is Evergreen's digital mortgage offering that combines in-person loan officer guidance with a digital application and processing platform for a streamlined mortgage experience for individual homebuyers.
• Mortgage Loan Servicing (Dara by Sagent) Mortgage Loan Servicing on the Dara by Sagent platform is Evergreen's end-to-end post-closing servicing offering for existing borrowers — covering payment processing, escrow management, borrower communications, and account servicing across Evergreen's loan portfolio.

Quantifiable outcome

• 98% on-time closing rate in 2025
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• SagentcoreTechnology or Integration · 9 April 2026Evergreen Home Loans selected Sagent's Dara platform to power modern, end-to-end mortgage servicing operations. This platform unifies various servicing functions and aims to support Evergreen's growth, operational efficiency, and improved customer experience.
• MBA Open Doors FoundationcoreStrategic or Co-development Partner · 1 January 2024Evergreen made a $25,000 donation to the MBA Open Doors Foundation to support their mission of providing mortgage and rental assistance to families with critically ill or injured children, helping them stay in their homes during challenging times.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Emerging players

• Homebridge Financial Services: Wholesale and retail mortgage lender referenced as a strategic merger partner via the HELIX brand. Comparable to Evergreen in product set (purchase, refi, HELOC), though weighted toward wholesale distribution.
• Paramount Equity Solutions: Specialty lender focused on renovation and FHA 203(k) loans. Comparable to Evergreen's renovation lending and government-insured construction product set, though much smaller in overall scale.

Broad incumbents

• United Wholesale Mortgage (UWM): Largest wholesale mortgage lender in the US, serving independent mortgage brokers. Comparable as a non-bank mortgage lender with similar product breadth (conventional, FHA, VA, USDA, jumbo), though distribution is wholesale rather than retail-branch based like Evergreen.
• Rocket Mortgage: Largest direct-to-consumer mortgage lender in the US, originating purchase, refinance, and government loans through a digital-first model. Comparable to Evergreen as a non-bank retail lender, but operates at materially greater scale with national brand recognition and lower per-loan production costs.

Direct peers

• Movement Mortgage: Retail mortgage lender with branch presence in 45+ states focused on purchase mortgage and strong workplace culture. Comparable to Evergreen in retail branch model and culture-driven employer branding.
• Caliber Home Loans: Mid-size non-bank mortgage lender with retail, wholesale, and correspondent channels offering purchase, refi, and government loans. Comparable to Evergreen in product breadth and multi-channel retail/wholesale origination.
• Guild Mortgage: Mid-size retail mortgage lender with branch network across 48 states, offering conventional, government, jumbo, and renovation loans. Very comparable in scale and retail-branch distribution model to Evergreen.
• Fairway Independent Mortgage: Retail mortgage lender with branch network across 40+ states, strong on conventional and government purchase lending. Comparable to Evergreen in retail branch-led mortgage model serving homebuyers and refinancers.
• loanDepot: Large direct-to-consumer and retail mortgage lender offering purchase, refinance, HELOC, and government loans through branch and digital channels. Closest comparable to Evergreen in multi-channel retail mortgage model and product mix.
• NewRez (Rithm Capital): Mid-size non-bank mortgage lender offering retail, wholesale, and servicing. Directly comparable to Evergreen in product set and government-channel lending approvals, with substantial servicing portfolio.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/EvergreenHomeLoans
• LinkedInlinkedin.com/company/evergreen-home-loans
• Xx.com/EvergreenHomeLn

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Evergreen Home Loans