Evergreen Home Loans to Offer Downpayment Protection Program – NMP Skip to main content

Evergreen Home Loans to Offer Downpayment Protection Program

Jan 29, 2018
Evergreen Home Loans has announced that it will begin offering Evergreen +Plus downpayment protection to its customers

Evergreen Home Loans has announced that it will begin offering Evergreen +Plus downpayment protection to its customers. Evergreen +Plus reimburses homebuyers up to their full downpayment if they have to sell at a loss in a future down market.
 
“Our goal with Evergreen +Plus is to give our customers a competitive advantage in the housing market now and into the future,” said David Floan, Executive Vice President of Evergreen Home Loans. “We know that life doesn’t stop for our customers when they buy a home. A new job, a growing family; there are a number of reasons that someone might need to move a few years after they’ve purchased a home. With Evergreen +Plus, our customers will be able to reduce their risk of financial loss should they have to sell for reasons outside of their control.”
 
Evergreen +Plus downpayment protection is available in partnership with ValueInsured.
 
"Providing a mortgage that includes down payment protection sets Evergreen Home Loans apart from the competition and maximizes homebuyer confidence in the hot markets they serve,” said Joe Melendez, Chief Executive Officer of ValueInsured, the provider of +Plus downpayment protection. “We are thrilled to work with an innovative leader who recognizes that both today's market conditions and homebuyer preferences require a new type of mortgage."

 
About the author
Published
Jan 29, 2018
Trump Taps Former CFPB Deputy Brian Johnson To Lead Bureau

MBA backs the nomination as lenders await clarity on the future direction of consumer finance regulation under the Trump administration

Jun 12, 2026
Trump Names FHFA Director Bill Pulte Acting Director Of National Intelligence

FHFA director will continue overseeing Fannie Mae and Freddie Mac while serving as acting director of national intelligence

Jun 02, 2026
Realtor.com Launches AI Home Search Platform Built With Google

New RealAssist tool combines AI, affordability guidance and Google Maps data to engage buyers before they reach lenders

Jun 02, 2026
Another MLS Challenges Zillow In Fight Over Listing Visibility

Realtracs joins MRED in pushing back on Zillow's listing policies, a battle with potential implications for the broader homebuying and mortgage ecosystem

May 29, 2026
Gas Prices Are Quietly Reshaping Homebuyer Affordability

Rocket Money data suggests rising fuel costs are adding pressure to already payment-sensitive buyers as mortgage rates remain elevated

May 28, 2026
MISMO Targets Costly TRID Fee Cures With New Mortgage Fee Standardization Framework

MBA’s standards organization says inconsistent fee naming still drives costly redisclosures and rework, with fee-related cures affecting more than 30% of mortgage loans

May 27, 2026