San Diego VA Loans and VA Jumbo Home Mortgage Loans – VanDyk Mortgage – VA Lender. VanDyk Mortgage is your source for VA Loans and VA Jumbo Loans in San Diego. We have been making VA loans since 1987. VanDyk Mortgage is a Direct Lender. We offer many loan programs for San Diego Homebuyers and San Diego Homeowners to Purchase and refinance homes in San Diego.
- VA Jumbo Loans
- VA Loans for Condo’s
- Purchase, Refinance, Streamline Refinance (IRRRL)
San Diego VA Loans are available up to $649,750 with zero down payment. The San Diego VA Loan Limit in 2018 is $649,750. However, Veterans are not limited to the San Diego Loan limit of $649,750 for 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.
VA Home Loans in San Diego, California:
- Active Duty Military and Veterans can both qualify
- 100% financing up to $649,750
- A $750K San Diego VA Home Purchase would only require $25,063 down payment (3.342%)
- A $1M San Diego VA Home Purchase would only require $87,563 down payment (8.756%)
- 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 costsf
VA loans can also be used to purchase or refinance VA Approved Condominiums. Much of the same rules apply, plus the Condo Complex must be on the VA Approved Condo List. The list can be a little lacking in user-friendliness, so please don’t be bashful, give us a call to help you find VA Approved Condo’s in San Diego.