Exploring a

cash offer: Is it

right for you?

Check out our frequently asked questions to see if the CashUp™ by Evergreen program makes sense for you.

 

Or contact a loan officer and talk one on one

Frequently Asked Questions

How it works

What is the CashUp by Evergreen program?

The CashUp by Evergreen program is a unique homebuying program that turns your offer into cash to be more competitive against multiple offers or other all-cash bids.

Why do sellers prefer cash offers?

Home sellers sometimes prefer cash offers because there are fewer opportunities for the financing to fall through. Additionally, cash offers can often close quickly since they’re not waiting for financing approval.

Can I work with my real estate agent?

Yes! In fact, we strongly encourage working with a real estate agent because they offer local expertise and guidance during the homebuying process. If you need a recommendation, let us know!

Qualifications and restrictions

Can I use the CashUp by Evergreen program if I need a mortgage?

Yes! That’s what this program is all about—helping everyday homebuyers who require a mortgage yet need a more competitive offer to help them win over multiple offers—and possibly multiple cash offers.

How do I qualify for the CashUp by Evergreen program?

After you connect with an Evergreen loan officer, you’ll complete a mortgage application and provide documentation to verify income, employment, assets, and current debt. Evergreen will review your application and documentation and notify you of approval for the CashUp by Evergreen program.

Where can I purchase a property using CashUp by Evergreen?

The CashUp by Evergreen program is currently available for properties purchased in Arizona, California, Idaho, Nevada, Oregon, and Washington.

What types of homes can I buy with this program?

Primary residences, second homes, and investment properties are eligible. Condos and manufactured homes are not eligible.

Can I still purchase a home if I don’t qualify for the CashUp by Evergreen program?

Yes. There are many financing solutions available to help you purchase a home. If you don’t qualify for the CashUp by Evergreen program, your loan officer will recommend other home buying options that make sense for your individual needs.

Getting started

I’m ready to get started. What should I do?

If you’re currently working with an Evergreen loan officer, contact them to get started. If you’re not currently working with an Evergreen loan officer, use our contact form, and we’ll match you with a loan officer. Your loan officer will review the CashUp by Evergreen program with you and answer any questions you have. When you’re ready to move forward, you’ll apply online.

Is everything done online? Can I work directly with a loan officer?

While Evergreen is an innovative technology leader providing premier mortgage services, we’re also a people-centric company. We use technology to provide a convenient and streamlined process that’s always backed by real people to guide you along the way. You can find a loan officer near you here.

 

I’m interested, but for now would just like more information. Who do I contact?

Any of our local loan officers will be happy to answer questions! Feel free to call or email for more information. Or you can use our contact form, and a loan officer will be in touch with you soon.

FAQs for Agents

What are the benefits for agents?

The CashUp by Evergreen program was created to help our valued agent partners and their clients. We do all the financing work up front so your clients can submit a worry-free cash offer. This unique program puts you in the best position possible to help your clients compete and win without sacrificing your commission.

Can my clients use the CashUp by Evergreen program if they need a mortgage?

Yes! Our program is designed specifically for homebuyers who require a mortgage yet need a more competitive offer to help them compete against multiple offers—and possibly multiple cash offers.

What is the minimum earnest money required from the buyer?

The minimum and customary earnest money is 2 percent (based on the purchase price). It’s provided by the buyer to present with the offer and held at escrow.

My client has a home to sell but wants to purchase another home first. Can they use the CashUp by Evergreen program before they sell?

Yes! If your client is ready to buy and doesn’t want to sell their current home due to low inventory, they could qualify for our program. Talk to your local Evergreen loan officer for details.

How to reach us.

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