Can I Refinance my USDA RD Loan?   


The answer is YES!  You can Refinance your USDA Rural Development Loan into a lower rate and payment with our USDA Streamlined Refiinance Loan Program.   

 

We hear this question often:  “Can I Refinance my USDA Rural Development Loan?”  The answer is Yes, you can Refinance your Rural Housing Loan from USDA (both Guaranteed and Direct).  .  If your current Home Loan is a Guaranteed Rural Housing loan or a USDA Section 502 Direct loan, you can Refinance into a lower Interest Rate and Payment with our USDA Streamline Refinance Loans. 

WE allow you to refinance with or without an appraisal and with a new guarantee fee of only 1%.   More USDA refinance information is below.

Benefits and Requirements USDA Rural Housing Refinance:

  1. Current loan must be a USDA Loan
  2. The existing Loan must be a Guaranteed Rural Housing (GRH) or USDA Direct - Section 502 loan.  
  3. 30 Year Fixed rate Loans 
  4. We must lower your Interest Rate to qualify
  5. Owner Occupied,  primary residences only
  6. The USDA Guarantee fee is 1%
  7. Income limits still apply
  8. USDA Streamline Refinance loans are allowed for properties in areas that are no longer designated as USDA Rural Areas
  9. Escrows for Taxes and Homeowners Insurance are required
  • An Appraisal is required if the Refinance amount exceeds the Current Loan Amount plus the USDA Guarantee Fee.    Call us for details on how we can structure your loan to waive the appraisal - it can be done either way. 

The USDA 1% guarantee fee may be financed into your USDA GRH refinance. You can also finance the other closing costs and fees up to 100% of the current appraised value.   

Call the Government Loan Pros at VanDyk Mortgage to find out if you could benefit from a USDA Streamline Refinance - 760-752-4480 direct, or 866-900-2342 Toll Free.  You can also get started online at anytime at www.governmentloanpros.com.  

 

 

 

 

Government Loan Pros- VA FHA USDA FHA Jumbo VA Jumbo 203K

We proudly offer a full array of Government and Conventional loan Options including FHA, VA, USDA, FHA Jumbo, VA Jumbo, VA Refinance, Conventional, Jumbo, VA Condo loans,   FHA 2-4 Unit Loans, VA 2-4 Unit Loans, FHA 203K Rehab Loans,  5% down Conventional loans , 97% Conventional loans - 3% down,  Conventional Condo's OK to 95%,  95% conventional purchase with ZERO PMI, and more.  

We serve the entire state of California  including: Anaheim,  Antioch, Bakersfield,  Brentwood, Carlsbad,   Chula Vista, Corona,  Coronado, Encinitas, Escondido,  Fremont,  Fresno,  Irvine, Long Beach, Los Angeles,  Menifee, Monterey, Murrieta, Oakland, Oakley,  Oceanside,  Ontario,  Pasadena ,  Poway,   Rancho Cucamonga,  Redlands,   Riverside,   Sacramento,        San Bernardino, San Diego, San Francisco, San Jose, San Marcos, San Mateo, Santa Ana,    Santa Monica, Temecula, Ventura, Vista, and all other CA Cities and areas.

We also serve the entire state of Washington including:  Auburn, Bellevue, Bellingham, Bonney Lake, Bothell, Bremerton, Des Moines, Edmonds, Everett, Federal Way, Ferndale, Issaquah, Kent, Kirkland, Lacey, Lake Stevens, Lynnwood, Mercer Island,  Mill Creek, Monroe,  Montlake Terrace, Mt Vernon, Mukilteo, Olympia, Puyallup, Redmond, Renton, Seatac, Seattle, Silver Lake, Snohomish, Spokane, Sumner, Tacoma, Tumwater, Vancouver, Wenatchee, Woodinville, Yakima and everything inbetween. 

VA Loan Limits 2013     FHA Loan Limits 2013     Conforming Loan Limits 2013

Veterans:  We are able to help Veterans with a new home purchase as soon as 2 years after Bankruptcy, Foreclosure, or Short Sale (even sooner if Short Sale involved no late payments).  Call Today - get back in the market! 

VA Loan Limits now announced for 2013. Learn More - Up to $987K with zero money down VA Jumbo Loan

VanDyk Mortgage offers Purchase and Refinance Loans up to $417K and up to 95% Loan to Value with ZERO Monthly Mortgage Insurance.  Call for details – 760-752-4480 or apply online at www.vandykfunding.com

Have you been discouraged to find out your FHA Loan doesn't qualify for the new, lower MIP rates?   We have alternate solutions to save you money on your house payment.   Give us a call to explore your options. 

All information is subject to change without notice.  

 

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California Residential Mortgage Lender registered by the Department of Corporations

VanDyk Mortgage is a private company specializing in FHA & VA financing,  VanDyk Mortgage Corp is not a government agency. 310 Via Vera Cruz, ste 211, San Marcos, CA  92078  760-752-4480 direct

NMLS ID:  3035 - VanDyk Mortgage Corp   NMLS ID  220268   Brian Skaar - Loan Originator/Branch Manager

NMLS Consumer Access Site

 

 

 

 

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Brian Skaar, VA, FHA, Jumbo,Conv. Lender CA,WA

San Marcos, CA

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VanDyk Mortgage - VA, FHA, Conv. Direct Lenders since 1987

Address: 310 Via Vera Cruz, ste 211, San Marcos, CA, 92078

Office Phone: (760) 752-4480

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Brian's Government Home Mortgage Blog includes topics on Mortgage Lending, FHA loans, VA Loans, USDA Loans, VA Jumbo Loans, FHA Jumbo Loans, 203Ks loans, Conventional Loans, Jumbo Loans, No PMI Loans, Conforming High Balance Loans, changes in lending guidelines, San Diego, Los Angeles, Bay Area, Northern California & Southern California Real Estate & Loans, Seattle Area Real Estate & Loans, Washington Loans, and more. NMLS ID: 3035 - VanDyk Mortgage Corp NMLS ID 220268 Brian Skaar - Loan Originator http://www.nmlsconsumeraccess.org/ All content Copyright © 2007-2013 VanDyk Mortgage, all rights reserved.


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