5 down: Gift Funds OK for 95% conventional Loans - 02/19/14 04:01 AM
Gift Funds OK for 95% conventional Loans
We now offer 95% conventional loans (5% down) up to $417K with the entire downpayment being gift funds. 
Recent PMI company changes make this possible, as Fannie Mae and Freddie Mac lifted their Gift Fund resctrictions last year.   The gift funds do have to be sourced,  be from an immediate family member, and be documented.  We can help guide you in the process to make sure this is handled correctly. 
We allow gift funds for 5% Down Conventional Loans  on Single Family Residences and Condominiums up to $417K. 
We offer this program in … (0 comments)

5 down: Conventional Loans with 5% down payment in California - 95% financing options - 04/13/11 03:46 PM
Conventional Loans with 5% down payment in California - 95% financing options
VanDyk Mortgage offers Conventional Purchase loans up to $417,000 with just a 5% down payment.   Here are some basic details:
California and Washington state are now eligible for our Conventional Fannie Mae Loans up to 95% Loan to Value - Only 5% down payment is required.   We do not consider CA a declining market, so we are able to offer these enhance financing options for Conventional loans.
Minimum credit score = 660
Maximum Debt Ratio = 41%  (up to 45% Debt Ratio with a 720+ Fico score)
Condo's OK … (0 comments)

5 down: Product Highlight - California Home Purchase with 5% downpayment - 08/27/10 06:26 AM
Product Highlight - California Home Purchase with 5% downpayment
We offer Conventional Loans up to 95% (5% downpayment) to purchase single family homes in California.  VanDyk Mortgage is a Direct Lender serving California and Washington.
Quick Highlights: 
Competitive 30 year fixed rate (call for today's rate) Loan amounts up to $417K Purchase price up to $438K w 5% down payment Available in California and Washington Not restricted by declining market policies Maximum debt ratio - 41% Minimum downpayment - 5% Minimum Fico - 680 Flips - 1 day owned OK  (aka investor homes, corporate owned, rehabs, etc).  Primary Homes only Take … (0 comments)

5 down: 5% down payment conventional loans for California - 08/24/10 06:09 AM
5% down payment conventional loans for California
5% downpayment Conforming loans, aka the 95% option haven't been around for a couple years in California, except for FHA loans.  For homeowners looking to purchase or refinance, this could be a welcome update.   Here is our article on 95% financing in CA.  
With changes to FHA Loan Mortgage Insurance Premiums, the Conforming 95% option is worth a look.  Check out our comparisons of FHA loans vs Conforming loans.
FHA Changes to Mortgage Insurance Premiums authorized in House Bill HR 5981
Part 1:  Why FHA Loans will still be the better choice for many … (0 comments)

5 down: Poway VA Loans and FHA Home Mortgage Loans - VanDyk Mortgage - VA Lender & FHA Lender - 06/01/10 05:12 PM
Poway VA Loans and FHA Home Mortgage Loans - VanDyk Mortgage - VA Lender & FHA Lender.VanDyk Mortgage is your source for VA Loans and FHA Loans in Poway.  We have been making FHA, VA, Conforming, and Jumbo loans since 1987. VanDyk Mortgage is a Direct Lender.  We offer many loan programs for Poway Homebuyers and Poway 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 Poway FHA Loans are available up to $697,500 with just … (0 comments)

5 down: National City VA Loans and FHA Home Mortgage Loans - VanDyk Mortgage - VA Lender & FHA Lender - 06/01/10 05:09 PM
National City VA Loans and FHA Home Mortgage Loans - VanDyk Mortgage - VA Lender & FHA Lender.   VanDyk Mortgage is your source for VA Loans and FHA Loans in National City.  We have been making FHA, VA, Conforming, and Jumbo loans since 1987. VanDyk Mortgage is a Direct Lender.  We offer many loan programs for National City Homebuyers and National City 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 National City FHA Loans are … (0 comments)

5 down: 95% Conventional Loan in Washington - 05/14/10 10:53 AM
95% Conventional Loan in Washington - 5% downpayment or equity
VanDyk Mortgage offers Conventional Purchase and Refinance loans up to $417,000 with just 5% down payment or equity in Washington.   More details coming on this soon.   Here are some basic details:
California, Washington, Arizona, Florida now eligible for our Conventional Fannie Mae Loans up to 95% Loan to Value.  Only 5% down payment required for a Conventional Purchase loan.   Or just 5% equity required for a Conventional Refinance.   Fannie Mae loans are also called conforming Loans.  We do not consider WA a declining market any longer.
Minimum credit score = 680
Maximum Debt Ratio = … (0 comments)

5 down: 95% Conventional Loan in California - 05/13/10 04:06 AM
VanDyk Mortgage offers Conventional Purchase loans up to $417,000 with just 5% down payment.   We will be posting more details on this soon.   But here are some basic details:
California, Washington, Arizona, Florida now eligible for our Conventional Fannie Mae Loans up to 95% Loan to Value.  Only 5% down payment required.   We do not consider CA a declining market any longer.
Minimum credit score = 680
Maximum Debt Ratio = 41%
Loan amounts up to $417,000 (that would be a purchase price up to $438K with 5% down).
If you don't have a 680 middle score, or have a slightly higher … (0 comments)

 
Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480 (VanDyk Mortgage -  VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender) Rainmaker large

Brian Skaar

VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480

San Diego, CA

More about me…

VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender

Address: 310 Via Vera Cruz, ste 210 & 211, San Marcos, CA, 92078

Office: (760) 752-4480

Office: 866-900-2342

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The Government Loan Pro's Blog includes topics on Government backed Home Mortgage Loans and Lending, VA loans, VA Jumbo Loans, FHA Loans, USDA Loans, FHA Jumbo Loans, VA High Balance Loans, FHA 203K loans, Conventional Loans, Jumbo Loans, No monthly PMI Loans, Piggyback loans, 80/10/10 loans, Conforming High Balance Loans, how to use your VA Home Loan Benefit, San Diego, Los Angeles, SF Bay Area, Northern California and Southern California Home Loans, Seattle - Tacoma - Everett Area Home Loans, Colorado Home Loans, Denver Home Loans, Boulder Home Loans, Texas Home Loans, Dallas Home Loans, Houston Home Loans, San Antonio Home Loans, Virginia Loans, Wyoming Home Loans, Washington Loans, Georgia Home Loans, Massachusetts Home Loans, Wyoming Home Loans, and more. Visit us at vandykfunding.com for even more info or to get started. Or give us a call at 760-752-4480 direct. NMLS ID: 3035 - VanDyk Mortgage Corp NMLS ID 220268 Brian Skaar - Loan Originator http://www.nmlsconsumeraccess.org/ All content Copyright 2007-2018 VanDyk Mortgage, all rights reserved.


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