Dublin CA – VA & FHA Loan update for 2015

Dublin VA Loans and FHA Home Mortgage Loan info for 2015 – California VA Lender & FHA Lender

VanDyk Mortgage is your source for VA Loans and FHA Loans in Dublin.  We have been making FHA, VA, Conforming, and Jumbo loans since 1987.   VanDyk Mortgage is a Direct Lender.   We offer many loan programs for Dublin Homebuyers and Dublin Homeowners to Purchase and Refinance homes.

  • FHA & FHA Jumbo (aka High Balance)
  • VA & VA Jumbo (aka High Balance)
  • Conforming & Conforming Jumbo (aka High Balance or Super Conforming)
  • Jumbo Loans to $3m

Dublin FHA Loans are available up to $625,500 with just 3.5% down payment.  The FHA 2015 Loan Limit for Dublin is $625,500.  Dublin FHA Loans that are over $417K up to $625,500 are called FHA Jumbo or FHA High Balance loans.

Dublin  VA Loans are available up to $625,500 with zero down-payment. The Dublin VA Loan Limit for 2015 is $625,500.  However, Veterans are not limited to the Alameda county Loan limit of $625,500 for VA Loans.   We offer VA Jumbo Loans up to $1.5 Million with the appropriate down-payment or equity to reach the VA Guarantee requirements of 25%.   Here is one of our posts on how you can get a VanDyk Mortgage VA Loan over your county limit.

Dublin Conforming Loans are available up to $625,500. The Dublin Conforming Jumbo Loans (aka Conforming High Balance, those over $417,000 and up to $625,500) require a minimum of 10% down-payment or equity.

 Dublin Home Loan information

FHA Home loans for Dublin, California:

  • FHA Home Loans require just 3.5% down-payment
  • FHA Jumbo Loans up to $625,500 (aka FHA High Balance)
  • The $625,500 is the base loan amount – the Dublin FHA Loan Limit of $625,500 does not have to include the UFMIP (FHA’s Upfront Mortgage Insurance Premium, which is usually financed into your loan amount)
  • The Seller can pay up to 6% of your closing and settlement costs.
  • Minimum score for most FHA Home Loans is just 620, even on FHA High balance or FHA Jumbo.
  • You can receive a gift of funds for your Downpayment and closing costs from Family
  • FHA Condominium requirements include at least a 51% owner occupancy ratio, no outstanding lawsuits against the Homeowners Association – call for details.
  • FHA Loans allow non-occupying co-borrowers such as parents and siblings.

VA Home Loans for Dublin, California:

  • Active Duty Military and Veterans can both qualify
  • 100% financing up to $625,500
  • A $725k Dublin Home Purchase would only require $25,000 downpayment (3.45%) – not including the VA Funding Fee
  • VA Loans require no Mortgage Insurance
  • VA Loans do require a VAFF (VA Funding Fee), which is usually financed
  • Veterans with a 10% or higher VA disability pay no VA Funding fee
  • Sellers can pay up to 4% of the VA Buyers closing costs
  • VA Loans are available to purchase or refinance Condominiums.  Here is more information on VA Condo Loans for Dublin .   We also offer VA Jumbo Loans to purchase Condo’s!
  • VA Jumbo Loans available for Condo Purchase and Refinance also!
  • VA IRRRL Streamlines available for Non-owner and Investment homes
  • We do not limit VA Jumbo IRRRL Streamlines to the Alameda County VA Loan Limit

 

Conforming Home Loans for Dublin, California:

  • Available up to $625,500 with the Conforming High Balance (aka conforming Jumbo)
  • Dublin Conforming loans available up to $417,000
  • Just 3% down-payment required up to $417K
  • Now available – NO Monthly PMI Loans up to $417K with 5% down-payment
  • Conforming Jumbo Loans  over $417K require a minimum of 10% down-payment or up to 90% LTV
  • Allow for condominiums, Second Homes, and Investment properties
  • Call for details on Fico score requirements, down-payment requirements, etc

We offer Jumbo Conventional Loans up to $3m – call for details.   VanDyk Mortgage has been making FHA loans since 1987. We are a HUD recognized Full Eagle FHA DE underwriter and FHA Direct Lender. We are also a VA Lender and VA Jumbo Lender.