Oakland CA – VA & FHA Loan update for 2015

Oakland 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 Oakland.  We have been making FHA, VA, Conforming, and Jumbo loans since 1987.   VanDyk Mortgage is a Direct Lender.   We offer many loan programs for Oakland Homebuyers and Oakland 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

Oakland FHA Loans are available up to $625,00 with just 3.5% down payment.  The FHA 2015 Loan Limit for Oakland is $625,500.  Oakland FHA Loans that are over $417K up to $625,500 are called FHA Jumbo or FHA High Balance loans.

Oakland  VA Loans are available up to $625,500 with zero down-payment. The Oakland 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.

Oakland Conforming Loans are available up to $625,500. The Oakland 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.

 Oakland Home Loan information

FHA Home loans for Oakland, 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 Oakland 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 Oakland, California:

  • Active Duty Military and Veterans can both qualify
  • 100% financing up to $625,500
  • A $725k Oakland 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 Oakland .   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 Oakland, California:

  • Available up to $625,500 with the Conforming High Balance (aka conforming Jumbo)
  • Oakland 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.

 

 

Marin County VA Loans and FHA Home Mortgage Loan info for 2015

Marin County 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 Marin County.  We have been making FHA, VA, Conforming, and Jumbo loans since 1987.   VanDyk Mortgage is a Direct Lender.   We offer many loan programs for  Homebuyers and  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

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

Marin County  VA Loans are available up to $625,500 with zero down-payment.  The  VA Loan Limit for 2015 is $625,500 for Marin County.  However, Veterans are not limited to the Marin county Loan limit of $625,500 for VanDyk 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.

Marin County Conforming Loans are available up to $625,500. The  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.

Marin County Home Loan information

FHA Home loans for Marin County , 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  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 Marin County , California:

  • Active Duty Military and Veterans can both qualify
  • 100% financing up to $625,500
  • A $725k  Home Purchase would only require $25,000 downpayment (3.45%)
  • 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  .   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 Marin County VA Loan Limit

 

Conforming Home Loans for Marin County, California:

  • Available up to $625,500 with the Conforming High Balance (aka conforming Jumbo)
  •  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.

Get Started today – Let the Government Loan  Pros help you finance your next home.

Alameda VA Loans and FHA Home Mortgage Loan info

Alameda 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 Alameda.  We have been making FHA, VA, Conforming, and Jumbo loans since 1987.   VanDyk Mortgage is a Direct Lender.   We offer many loan programs for Alameda Homebuyers and Alameda 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

Alameda FHA Loans are available up to $625,500 with just 3.5% down payment.  The FHA 2015 Loan Limit for Alameda is $625,500.  Alameda FHA Loans that are over $417K up to $625,000 are called FHA Jumbo or FHA High Balance loans.

Alameda  VA Loans are available up to $625,500 with zero down-payment. The Alameda 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.

Alameda Conforming Loans are available up to $625,500. The Alameda 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.

 Alameda Home Loan information

FHA Home loans for Alameda, 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 Alameda 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 Loans allow non-occupying co-borrowers such as parents and siblings.

VA Home Loans for Alameda, California:

  • Active Duty Military and Veterans can both qualify
  • 100% financing up to $625,500
  • A $725k Alameda Home Purchase would only require $25,000 down payment (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 Alameda .   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 Alameda, California:

  • Available up to $625,500 with the Conforming High Balance (aka conforming Jumbo)
  • Alameda 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.

 

 

Enhanced Refinance Options for FHA Streamline Refinances

Enhanced Refinance Options for FHA Streamline Refinances

Vastly improved Options for FHA Streamline Refinances are coming.   The USA Whitehouse announced today that HUD has authorized changes to the FHA Streamline Refinance Program that will help many Homeowners with FHA Loans made prior to June 1, 2009 save hundreds per month.

The options for FHA Streamlines have been prohibitive the past couple years due to increased FHA Mortgage Insurance rates.   The new program will reduce the Upfront Mortgage Insurance Premium (UFMIP) to .01% according the news release by the Obama Administration at the Whitehouse today.   But the good part is that the annual Mortgage Insurance Premium is being reduced to .55% for FHA Streamlines and FHA Jumbo Streamlines from a previous level of 1.15%.

These changes to FHA Streamline and FHA Jumbo Streamline rules will open the door for Homeowners with FHA Loans to save hundreds per month in most cases.

VanDyk Mortgage is a Full Eagle Direct Endorsement FHA Lender,  the highest level of approval from HUD.   We have been making FHA Loans since 1987, and would be proud to help you as well.

We service all of California and Washington State, including San Diego, Los Angeles, San Jose, Sacramento, Riverside, San Francisco, Oakland, Ventura, Orange County, Seattle, Spokane, Tacoma, Everett, and every other city within these great states.

Call today to get started  866-900-2342  – Toll Free direct.   Or apply online 24/7 – www.vandykfunding.com/loanapplication

California Home Purchase Loans with NO PMI and no MIP

California Home Purchase Loans with NO PMI and no MIP

We offer California Homebuyers home loans up to 95% ltv with no monthly PMI, MI, or MIP.     We offer the NO PMI Purchase Loan up to $417K loan amounts.   (we offer this on Refinances too!)

We offer up to 95% financing throughout California with no monthly MI, PMI, or MIP.

Many California Homebuyers ask the question:  Can I get a Home Loan without PMI or MIP to buy a home?   How do I avoid PMI or MIP?  (or Mortgage Insurance?).   The answer is our NO PMI Purchase Loan – available up to 95% Loan to Value.   You can avoid PMI with less than 20% down in Riverside.   You don’t have to 20% down on your new home to avoid PMI or MIP.   This could save you hundreds per month.  Call us today at 866-900-2342 to find out if you could benefit.

For qualified Veterans, we also offer zero downpayment purchase home loans for Veterans.

We also offer USDA RD loans with zero down required in designated areas.  Call for details.

You can also refinance your existing loan with as little as 5% Equity in your Property using our MI Removal Loan.   Whether your current loan is a conventional, non-conforming, or FHA Loan,  we can help you refinance into todays lower rates without having to pay MI, PMI, or MIP anymore.  The MI Removal Loan allows you to finance up to 95% of appraised value with ZERO Mortgage Insurance (MI).

  • Loan amounts up to $417K are eligible up to 95%.    
  • This is available throughout Riverside
  • Great for avoiding, eliminating, or reducing FHA Mortgage Insurance Premiums (FHA MIP)

We also offer these for the High Balance or Conforming Jumbo Loan sizes up to 90% of the purchase price of the home.    This would help homebuyers in Los Angeles buy a home with 10% down up to a $729,750 Loan Amount.

Call today:  760-752-4480  – Brian Skaar – VanDyk Mortgage – Direct Lenders = Direct Savings.

We offer this program in all of our loan markets:   CaliforniaSan Diego, San Marcos, Carlsbad, Oceanside, Vista, Escondido, Fallbrook, Bonsall, Riverside, Los Angeles, Orange County, Irvine, Corona, Anaheim, Santa Ana,  San Francisco, San Jose, Carson, Gardena, Hawthorne, Lawndale, Inglewood, Ladera Heights, View Park, Windsor Hills, Baldwin Hills, Fox Hills, Culver City, Beverly Hills, Malibu, Santa Monica, Brentwood, Calabasas, Encino, Bel Air Estates, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates, Manhattan Beach, Redondo Beach, Hermosa Beach, Torrance, San Marcos, San Diego, Rancho Bernardo, Carlsbad, Escondido, Poway, Oceanside, Vista, Encinitas, Carmel Valley, Scripps, Tierra Santa, El Cajon, La Jolla, Chula Vista, National City, San Ysidro, Santee, Eastlake, Ramona, Long Beach, Artesia, La Palma, Cerritos, Long beach,  Lynwood, Bellflower, Temecula, Murrieta, Southern California,Northern CaliforniaWashington, Everett, Lynnwood, Tacoma, Kent, Federal Way, Auburn, Renton, Bellevue, Redmond, Kirkland, Whittier, Santa Fe Springs, Downey, Irvine, Newport Beach, Los Angeles, San Bernardino, Riverside and Orange County.

Riverside Home Purchase Loans with NO PMI and no MIP

Riverside Home Purchase Loans with NO PMI and no MIP

We offer Riverside and So Cal Homebuyers up to 95% ltv with no monthly PMI, MI, or MIP.     We offer the NO PMI Purchase Loan up to $417K loan amounts for 2015.   

We offer up to 95% financing throughout Riverside and Southern California with no MI, PMI, or MIP.

Many Riverside Homebuyers ask the question:  Can I get a Home Loan without PMI or MIP to buy a home?   How do I avoid PMI or MIP?  (or Mortgage Insurance?).   The answer is our NO PMI Purchase Loan – available up to 95% Loan to Value.   You can avoid PMI with less than 20% down in Riverside.   You don’t have to 20% down on your new home to avoid PMI or MIP.   This could save you hundreds per month.  Call us today at 866-900-2342 to find out if you could benefit.

For those qualified, we also offer zero down payment purchase home loans for Veterans.  We also offer USDA RD loans with zero down required in designated areas.  Call for details.

You can also refinance your existing loan with as little as 5% Equity in your Property using our MI Removal Loan.   Whether your current loan is a conventional, non-conforming, or FHA Loan,  we can help you refinance into todays lower rates without having to pay MI, PMI, or MIP anymore.  The MI Removal Loan allows you to finance up to 95% of appraised value with ZERO Mortgage Insurance (MI).

  • Loan amounts up to $417K are eligible up to 95%.    
  • This is available throughout Riverside
  • Great for removing or reducing FHA Mortgage Insurance Premiums (FHA MIP)

Call today:  760-752-4480  – Brian Skaar – VanDyk Mortgage – Direct Lenders = Direct Savings.

We offer this program in all of our loan markets:   CaliforniaSan Diego, San Marcos, Carlsbad, Oceanside, Vista, Escondido, Fallbrook, Bonsall, Riverside, Los Angeles, Orange County, Irvine, Corona, Anaheim, Santa Ana,  San Francisco, San Jose, Carson, Gardena, Hawthorne, Lawndale, Inglewood, Ladera Heights, View Park, Windsor Hills, Baldwin Hills, Fox Hills, Culver City, Beverly Hills, Malibu, Santa Monica, Brentwood, Calabasas, Encino, Bel Air Estates, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates, Manhattan Beach, Redondo Beach, Hermosa Beach, Torrance, San Marcos, San Diego, Rancho Bernardo, Carlsbad, Escondido, Poway, Oceanside, Vista, Encinitas, Carmel Valley, Scripps, Tierra Santa, El Cajon, La Jolla, Chula Vista, National City, San Ysidro, Santee, Eastlake, Ramona, Long Beach, Artesia, La Palma, Cerritos, Long beach,  Lynwood, Bellflower, Temecula, Murrieta, Southern California,Northern CaliforniaWashington, Everett, Lynnwood, Tacoma, Kent, Federal Way, Auburn, Renton, Bellevue, Redmond, Kirkland, Whittier, Santa Fe Springs, Downey, Irvine, Newport Beach, Los Angeles, San Bernardino, Riverside and Orange County.

Ventura County VA and VA Jumbo Home Mortgage Loan info – Direct Lender

Ventura County VA and VA Jumbo Home Mortgage Loan info – Direct Lender

VanDyk Mortgage is your local source for VA Loans and VA Jumbo Loans in Ventura County, CA.  We have been making VA loans since 1987.   VanDyk Mortgage is a Direct Lender.  We offer VA Loans, VA Jumbo Loans, VA Condo Loans, VA Refinance Loans, VA Jumbo Refinance Loans, VA IRRRL Streamline Loans and VA Jumbo IRRRL Streamline Loans.   We offer many loan programs for Ventura County Homebuyers and California Veteran Homeowners to Purchase and Refinance their homes.

  • VA Loans
  • VA Jumbo Loans
  • VA Loans for Condo’s
  • Purchase, Refinance, Streamline Refinance (IRRRL)

Ventura County VA Loans are available up to $603,750 with Zero down payment required.  The Ventura County VA Loan Limit in 2014 is $603,750.   However, Veterans are not limited to the County Loan limit of $603,750 for Ventura County VA Jumbo Loans.   We also 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.

If your current VA Loan exceeds the VA County limit, we can help you utilize the VA IRRRL Streamline Refinance, even though your loan amount exceeds the VA County Loan Limit.

VA Home Loans in Ventura County, California:

  • Active Duty and Veterans can both qualify
  • 100% financing up to $603,750
  • A $625,000 Ventura County VA Home Purchase would only require  a $5,312 down payment  ( .85%)
  • A $650,000  Ventura  VA Home Purchase would only require $11,563 down payment  ( 1.779%)
  • A $825,000 Ventura VA Home or Condominium Purchase would require a $55,313 ( 6.705%)
  • VA Loans require no Mortgage Insurance Zip, Nada, Zilch!
  • VA Loans do require a VAFF (VA Funding Fee), which is usually financed
  • Veterans with a 10% or higher VA disability rating pay no VA Funding fee
  • Sellers can pay up to 4% of the VA Buyers closing costs
  • VA Approved Condo’s can utilize VA Loans and VA Jumbo Loans too

VA Loans can be used to purchase multi family 2-4 unit homes (2-unit, 3-unit, 4-unit, Duplex, Triplex, Fourplex).  (Refinance also)

We offer VA financing on VA Approved Condo’s. Here is a link to the new Veterans Administration VA Approved Condo Search Engine.   Please call us if you have questions or need help with your VA Approved Condo search, we are here to help.   We can also assist in getting your VA Condo Approved with the VA.

VanDyk Mortgage has been helping Veterans with VA loans since 1987.   We are a HUD recognized Full Eagle FHA DE underwriter and FHA Direct Lender also.   We are a VA Lender and VA Jumbo Lender.

Go with the Government Loan Pros, go with VanDyk.   Call Brian Skaar at 760-752-4480 for help with your VA loan financing.

We proudly serve Veterans with VA Financing in the following Ventura County Cities: Camarillo, Fillmore, Moorpark, Ojai, Oxnard, Port Hueneme, San Buenaventura, Santa Paula, Simi Valley, Thousand Oaks, Venturs and all other areas within Ventura county.

For more information on Government Loans,  please visit our pages on:      FHA Loans , VA Loans  , FHA Jumbo Loans  , VA Jumbo Loans , VA Condo Loans , USDA Rural Development Loans ,  Conventional Loans – Low Down Payment Options,  and California Loan Info