fha jumbo: Congress Approves higher Loan Limit Extension through 2010 - 10/30/09 01:55 PM
Congress Approves higher Loan Limit Extension through 2010
Today, Congress approved an extension of higher loan limits for FNMA, FHLMC, and FHA (Fannie Mae, Freddie Mac & FHA) that will extend the current loan limits in place for 2009 to the end of 2010. This will help avoid any disruption in … (0 comments)
|
fha jumbo: FHA loans still available with Fico's as low as 580 - 10/25/09 10:46 AM
VanDyk Mortgage is proud to announce that we offer FHA Loans for Borrowers with fico scores as low as 580.
Many FHA Lenders have begun to require minimum Fico scores for FHA Loans of 640 in recent months. This is not due to changes in the FHA Loan Program, or mandates from HUD (who … (0 comments)
|
fha jumbo: FHA Jumbo Refinance, FHA Jumbo Purchase loans & FHA Jumbo Streamline Refinance loans - California - 04/26/09 11:53 AM
FHA Jumbo Refinance, FHA Jumbo Purchase loans & FHA Jumbo Streamline Refinance loans for California Homeowners and Homebuyers.
We are continuing to see the FHA Jumbo Refinance become a more common option for California Homeowners. This is in large part due to the affordability, safety, and security that the FHA Loan offiers.
This loan allows … (0 comments)
|
fha jumbo: FHA Myth #5 - FHA Streamline Refinances - 02/08/09 05:39 PM
FHA Myth #5 - FHA Streamline Refinances have to be with the same lender who currenly has your loan.
Wrong. FHA makes no distinction here. You can get your FHA Streamline Refinance with your current lender or a new lender (such as VanDyk Mortgage).
Won't my current lender waive fees & … (0 comments)
|
fha jumbo: FHA Loans- second appraisals - 2009 guidelines - Update - 02/08/09 03:43 PM
New for 2009 with FHA Jumbo Loans are some changes to the second appraisal requirements for FHA Jumbo Loans.
For FHA Jumbo loans the threshold for loans that require a second appraisal was those loans over $362,800 in 2008. The new Threshold for 2009 is $417,000. All FHA Loans $417,001 and above will … (0 comments)
|
fha jumbo: FHA refinances - OK to leave second mortgage in place - 02/08/09 03:01 PM
FHA refinance - what do I do with my second mortgage?
With many American families losing equity in their homes, and the loose lending practices of the past few years by the big banks, FHA home loans have become the standard again for both Homebuyers and Home owners wishing to refinance. … (0 comments)
|
fha jumbo: Updates on FHA Jumbo - 2nd appraisal Requirements - 01/19/09 02:00 PM
New for 2009 with FHA Jumbo Loans are some changes to the second appraisal requirements for FHA Jumbo Loans.
For FHA Jumbo loans the threshold for loans that require a second appraisal was those loans over $362,800 in 2008. The new Threshold for 2009 is $417,000. All FHA Loans $417,001 and above will … (0 comments)
|
fha jumbo: FHA Purchase myth #4 - Down Payment Assistance is gone - 01/18/09 02:04 PM
FHA Purchase myth #4 - Down Payment Assistance is gone.
There is much confusion about the recent demise of FHA seller funded Downpayment assistance. Many Homebuyers and Realtors alike are confused by the press coverage.
You can still receive credit for closing costs, recurring & non-recurring, from sellers with FHA Loans.
In … (0 comments)
|
fha jumbo: VanDyk Mortgage now allows FHA Streamline Refinances ABOVE new 2009 loan limits - 01/14/09 12:35 PM
VanDyk Mortgage now allows FHA Streamline Refinances ABOVE new 2009 loan limits.
I just posted another blog on this issue, but I thought it was very important to very, very clear.
VanDyk Mortgage will allow you to refinance your FHA Loan via the FHA Streamline Refinance even if your loan balance … (0 comments)
|
fha jumbo: FHA Streamline Refinances - Easy way to save money - 01/14/09 12:16 PM
I just wanted to post something real quickly about FHA Streamline Refinances - They are an exceptionally easy way to save money on your monthly house payment. With FHA Streamline Finances you have reduced documentation requirements such as No Appraisal, or No Income. These are very easy to process for you … (0 comments)
|
fha jumbo: Many more FHA Posts here - 01/14/09 11:55 AM
I have decided to consolidate most of my Blog posts on this site.
However, I have posted many helpful & informational FHA Blog posts on two other Blogs, FHAsecure, and FHA Jumbo.
You may want to check them out.
VanDyk Mortgage has been making FHA loans since 1987. We … (0 comments)
|
fha jumbo: FHA Jumbo Streamline update - 01/14/09 11:44 AM
With the new 2009 Loan limits, many Homeowners have found they have a FHA Loan that is actually at a higher principal balance than the new 2009 FHA Loan limit for their area, limiting their ability to refinance into the new lower rates available today.
For instance, if you purchased a home with a … (0 comments)
|
fha jumbo: VanDyk introduces new Jumbo Loans up to $2m - 12/02/08 11:21 PM
VanDyk Mortgage is proud to introduce our new Jumbo Loan Programs. We call it our Premier Jumbo Line.
Here are the basics:
> Available in 3yr ARM, 5 yr ARM, or 7 yr ARM
> Principal & Interest or Interest Only (10 yr period)
> Loan to Value ratios … (0 comments)
|
fha jumbo: FHA - a few things you should know....... - 12/02/08 10:57 PM
With the re-emergence of FHA as one of the best ways to buy a home this year (or in my opinion, the best way) many old wives tales have come back into water cooler & family dinner table discussions about FHA loan qualifications.
FHA Myth #1 - FHA is for … (0 comments)
|
fha jumbo: New FHA Jumbo size loan limits for 2009 released - 11/10/08 11:51 AM
New Loan Limits for FHA loans made in 2009 have been released. The Base FHA Loan Limit remains at $271,050 accross much of the USA. The new Maximum limit for higher cost areas is now $625,500, with many counties accross America falling somewhere inbetween. We are offering loan with these limits … (0 comments)
|
fha jumbo: new 2009 Loan Limits for Fannie & Freddie released today - 11/07/08 01:51 PM
Fannie Mae & Freddie Mac have new loan limits for 2009, as released today. The standard conventional loan limit remains at $417K accross the USA. High Cost Areas have new limits based on the new formula in the 2008 housing bill passed in July.
We expect to see some updates to … (0 comments)
|
fha jumbo: Why FHA loans are the Affordable, Safe alternative to Fannie & Freddie Conforming loans - 10/07/08 12:39 PM
We strongly believe that FHA Loans are the safer, more affordable alternative to Fannie & Freddie loans. Here is a quick comparison of the benefits and differences between the two.
All comparisons are based on a purchase price of $250K, fico score of 675, and full documentation. Rates are example … (0 comments)
|
fha jumbo: Government launches "Hope For Homeowners" program to help underwater homeowners - 10/01/08 04:30 PM
Government launches "Hope For Homeowners" program to help underwater homeownersThe Bush administration formally launched the much anticipated "Hope For Homeowners" FHA loan program today. This program helps homeowners stay in their homes by working with your existing lender to refinance your existing loan into a new FHA Fixed Rate Loan. VanDyk … (0 comments)
|
fha jumbo: Instant Equity Growth in a down market - How to create equity in your new California home. - 09/28/08 07:31 PM
How can I create Instant Equity Growth in a down market? Read on to find out how to create instant equity in your new California home purchase. (warning: reading this article might make you want to purchase a bank REO, REPO or Short Sale utilizing our new VanDyk FHA Rehab Express loan!) One sure … (0 comments)
|
fha jumbo: Fannie & Freddie Bailout helps FHA Borrowers too - 09/09/08 12:22 AM
This weekends blockbuster government takeover of Government Sponsored Mortgage Giants Fannie Mae (FNMA) and Freddie Mac (FHLMC) has created a welcome stability and confidence in both the mortgage market and the money markets as a whole. These entities are too large, effect too many individuals, and would create too much havoc if crippled … (0 comments)
|
;)
;)
