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Seattle Washington FHA lender - FHA & FHA Jumbo - Direct Lender

By Brian Skaar

Mortgage and Lending with VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender NMLS 220268 / 3035

August 31, 2010 08:55 AM

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

FHA Purchase Loans

FHA Refinance Loans

FHA Jumbo (aka High Balance)

FHA Streamline Loans

Seattle FHA Loans are available up to $567,500 with just 3.5% down payment in high cost counties (King, Pierce, and Snohomish counties). The FHA 2010 Loan Limit for Seattle is up to $567,500. SeattleFHA Loans that are over $417K up to $567,500 are called FHA Jumbo or FHA High Balance loans. Check your counties' Washington 2010 FHA Loan limits here.

Here are some links to local Seattle information:

FHA Home loans in Seattle:

FHA Home Loans require just 3.5% downpayment

FHA Jumbo Loans up to $567,500 (aka FHA High Balance)

The $567,500 is the base loan amount - the Seattle FHA Loan Limit of $567,500 does not have to include the UFMIP (FHA's Upfront Mortgage Insurance Premium, which is usually financed into your loan amount) IE, you can buy a home with a purchase price up to $588K with an FHA Loan with 3.5% down.

The Seller can pay up to 3% 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.

We offer FHA 203K Rehab and FHA 203K Streamline Rehab loans

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. We service all parts of Washington State, including Seattle, Tacoma. Everett, Spokane, and every city in between.