california: The time is now for FHA Streamline Refinances
- 09/02/10 04:52 AM
The time is now for FHA Streamline Refinances With HUD's announcement of changes to FHA Mortgage Insurance Premiums beginning on October 4, 2010, it brings urgency to those homeowner with current FHA Mortgage Loans to consider a FHA Streamline Refinance and get started before the changes go into effect. Although the UFMIP, or Upfront Mortgage Insurance Premium is being reduced from 2.25% to 1.0%, the Annual MIP rate is being increased from .55% to .90%, this is paid monthly by the borrower with their Mortgage payment. The Net effect of this increase is approx. $22 per month per $100K … (0 comments)
california: Mortgage Market Update for August 31, 2010 - All-time low rates continue.
- 08/31/10 04:22 AM
Mortgage Market Update for August 31, 2010 All-time low rates continue. There has never been a better time to purchase a home or refinance with FHA, VA & Conventional Loans. 30 year fixed rate loans for Purchase & Refinance including all of the following loan types are at continued all-time lows: FHA for purchase or refinance VA for purchase or refinance Conforming for purchase or refinance FHA Jumbo VA Jumbo Conforming Jumbo FHA Streamline Refinance VA IRRRL Streamline Refinance FHA Jumbo Streamline Refinance VA Jumbo IRRRL Streamline Refinance Home Affordable Refinance 203K Rehab Loans for purchase or refinance Be … (0 comments)
california: VA Loans over $1m for Purchase and Refinance
- 08/30/10 08:19 AM
VA Loans over $1m for Purchase and Refinance We recently wrote a couple articles on the benefits of VA Jumbo Loans, those over $417K. Here are the two articles on VA Jumbo loans: VA Jumbo Purchase Loans VA Jumbo Refinance Loans Even though both articles are chock full of information on VA Jumbo (ie VA High Balance or VA Super Jumbo) loans, I felt there were a couple of points to add. We offer VA Loans up to $1.5m. Many banks cap their VA Loans at $650K or $1m. Many lenders also do not allow you to exceed the … (0 comments)
california: Using your VA Home Loan Benefit in Orange County -part 2 - refinance your home with a VA Loan
- 08/29/10 08:38 AM
Using your VA Home Loan Benefit in Orange County -part 2 - refinance your home with a VA Loan The VA Home Loan benefit is a great opportunity for Orange County Veterans and Active Duty Military to refinance an OC home or Orange County condo. We thought it would be a good idea to quickly review the benefits of VA Loans, and a few ways to use them to your benefit. VA Loans require zero downpayment up to $700,000 in Orange County. VA Refinance Loans - available up to 90% of your homes value VA Jumbo Refinance Loans - also available up … (0 comments)
california: Using your VA Home Loan Benefit in Orange County, part 1 - Purchase a home
- 08/29/10 08:35 AM
Using your VA Home Loan Benefit in Orange County, part 1 - Purchase a home The VA Home Loan benefit is a great opportunity for Orange County Veterans and Active Duty Military to purchase an OC home or condo. We thought it would be a good idea to quickly review the benefits of VA Loans, and a few ways to use them to your benefit. VA Loans require zero downpayment up to $700,000 in Orange County. VA Loans - zero downpayment required up to $417,000 VA Jumbo Loans - zero downpayment required up to $700,000 in LA (aka VA High … (0 comments)
california: Long Beach VA & FHA Loans - Direct Lender
- 08/28/10 11:03 AM
Long Beach VA Loans and FHA Home Mortgage Loans - VanDyk Mortgage - California VA Lender & FHA Lender. VanDyk Mortgage is your source for VA Loans and FHA Loans in Long Beach. We have been making FHA, VA, Conforming, and Jumbo loans since 1987. VanDyk Mortgage is a Direct Lender. We offer many loan programs for Long Beach Homebuyers and Long Beach 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 Long Beach … (0 comments)
california: Riverside VA Loans & VA Jumbo Home Mortgage Loans - VanDyk Mortgage - California VA Lender & VA Jumbo Lender.
- 08/28/10 05:39 AM
Riverside VA Loans & VA Jumbo Home Mortgage Loans - VanDyk Mortgage - California VA Lender & VA Jumbo Lender. VanDyk Mortgage is your source for VA Loans and VA Jumbo Loans in Riverside. We have been making VA loans since 1987. VanDyk Mortgage is a Direct Lender. We offer many loan programs for Riverside Homebuyers and Riverside Homeowners to Purchase and refinance homes.. VA purchase Loans VA Refinance Loans VA IRRRL Streamline Refinance VA Jumbo purchase Loans VA Jumbo Refinance Loans VA Jumbo IRRRL Streamline Refinance VA Loans are available to purchase or refinance Condominiums too. Here is … (0 comments)
california: VA Streamline or IRRRL Refinance - updated guidelines
- 08/27/10 07:32 AM
12-26-2012 update: Many current VA Loans are eligible for Streamline Refinance (aka IRRRL) with out a new Appraisal. Please contact us direct to see if your loan qualifies - 760-752-4480 direct.
VA Streamline or IRRRL Refinance - updated guidelines As of July 9, 2010, We now require an appraisal for IRRRL Transactions. All VA Streamline or IRRRL Refinances now require a conventional appraisal and a maximum Loan to Value of 100%. The VA IRRRL is also known as the Earl, VA Streamline Refinance, and VA Refinance. While the VA does not require an appraisal for a … (0 comments)
california: 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)
Competitive 30 year fixed rate (call for today's rate) Loan amounts up to $417K Available in California and Washington Not restricted by declining market policies Maximum debt ratio - 41% Minimum downpayment - 10% Minimum Fico - 720 This is a great way to purchase your retirement hacienda early. Take advantage of the lower real estate prices and interest rates now, and … (0 comments)
california: 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)
california: It's Opportunity Time - VA & VA Jumbo Rates at all time lows
- 08/24/10 06:00 AM
It's Opportunity Time - VA & VA Jumbo Rates at all time lows. Rate Alert - Great rates available now on VA Loans, VA Jumbo Loans, VA Streamline IRRRL refinance and VA Jumbo Streamline IRRRL Refinance The current flight of money markets to the safe haven of Treasuries and Mortgage Bonds has resulted in very low rates for VA Loans, VA Jumbo Loans, VA High Balance Loans, VA Refinance, VA Streamline IRRRL refinance and VA Jumbo Streamline IRRRL Refinance. VA Loan rates and VA Jumbo rates for VA loans over $417,000 are at their lowest point ever now. If your current VA Rate is too … (0 comments)
california: Opportunity Alert for FHA & FHA Jumbo Home Loans
- 08/24/10 05:52 AM
Opportunity Alert for FHA & FHA Jumbo Home Loans - Rates for FHA & FHA Jumbo Loans for Purchase of a home, Refinance, & FHA Streamline refinances are at all -time lows this week. World and Euro Money market worries continue to cast doubt about the economic recovery worldwide. This has driven down US Mortgage rates. FHA and FHA Jumbo (AKA FHA High Balance) Loans are at their lowest point ever this week. If your current Interest Rate is too high (5.25% or higher), please give us a call to get started and lock in your low rate. These rates will not last, the markets are very … (0 comments)
california: Market Alert - Opportunity time for low rates on Conventional Purchase and Refinance Loans
- 08/24/10 05:28 AM
Opportunity time for low rates on Conventional Purchase and Refinance Loans Rates for Conventional Purchase and Refinance Loans (aka Conforming Loans or Fannie Mae Loans) continue to remain at all -time lows today. World and Euro Money market worries continue to cast doubt about the economic recovery worldwide. This has driven down US Mortgage rates, especially Conforming Loans and Conventional Loans under $417K such as Fannie Mae and Freddie Mac Loans. If your current Interest Rate is too high (5.375% or higher), please give us a call to get started and lock in your low rate. These rates will not last, the markets are very volatile. … (0 comments)
california: California Mortgage Market Update for August 24-2010
- 08/24/10 05:11 AM
California Mortgage Market Update for August 24-2010 Rates on Home loans continue at all time low rates this week. World money market worries have driven investors to the safe haven of Mortgage Bonds and Treasuries for their monies, which are the basis of US Mortgage Rates. There have never been lower rates for FHA & FHA Jumbo Loans, VA & VA Jumbo loans, Conforming Loans, or Conforming Jumbo Loans. If you have thought about refinancing, now is the time to talk to an expert. VanDyk Mortgage has been making FHA loans since 1987. We are a HUD recognized Full Eagle FHA DE underwriter … (0 comments)
california: Where to get your Certificate of Eligibility for VA Loans
- 08/08/10 12:27 PM
Where to get your Certificate of Eligibility for VA Loans We are often asked where does the Veteran get their Certificate of Eligibility for their VA Loan? There are two answers: The Veteran can contact the VA to get it direct. Or the easier, quicker method: Let us help you. If you send us your DD214 (fax, scan, etc), we can handle ordering the Certificate of Eligibility (COE) for you. We are able to log directly into the VA system and request these 24 hours per day, 7 days per week. Let us help you find your VA eligibility, so you … (0 comments)
california: Part 1: Why FHA Loans will still be the better choice for many homebuyers (and refinancers!)
- 08/08/10 11:19 AM
Part 1: Why FHA Loans will still be the better choice for many homebuyers (and refinancers!) We just posted information on the new FHA Mortgage Insurance Changes. I examined the options that now come to mind as potential competitors for the selection of a loan with low downpayment, or little equity. I compared the following loan options: FHA Loan with 3.5% down FHA Loan with 5% down 5% down Conventional loan (yes, we offer this in california with a 680 fico) 5% down conventional loan with no MI (we pay the MI for you). As the table below illustrates, the payment is … (0 comments)
california: FHA Changes to Mortgage Insurance Premiums authorized in House Bill HR 5981
- 08/08/10 10:39 AM
FHA Changes to Mortgage Insurance Premiums authorized in House Bill HR 5981 FHA, The Federal Housing Administration, has been authorized to increase the Annual Mortgage Insurance Premium per House Bill 5981, passed this week in DC. Here is a letter from FHA Commissioner Stevens on the MIP changes. It contains good news and bad news. The good news is that the Upfront Mortgage Insurance Premium (UFMIP on your HUD1/Good Faith Estimate) is being reduced to 1.0% from the current level of 2.25%. Now the bad news: The Annual Mortgage Insurance Premium (which is paid monthly by the FHA Borrower) is … (0 comments)
california: California FHA 203K Renovation Loans - FHA 203K Rehab loans
- 08/08/10 07:50 AM
California FHA 203K Renovation Loans - FHA 203K Rehab loans. VanDyk Mortgage offers Full FHA 203K Renovation Loans direct to consumers. We also offer the FHA 203K Streamline. These loans offer the ability to finance upfront the construction costs to rehabilitate a home. Our 203K Renovation loans are offered up to $729,750, or the FHA Mortgage limit for your area, if less. Click here for the CA FHA Loan Limits by County. This is a great way to purchase an underpriced home, complete the upgrades to bring it to livable standards, upgrade it just the way you want it, and do … (0 comments)
california: VA Loan Benefit for California Veterans and CA Active Duty Military
- 08/08/10 06:27 AM
VA Loan Benefit for California Veterans and CA Active Duty Military California Veterans and CA Active Duty Military Personnel have access to higher VA guarantee limits than many other states. The higher VA Guarantee allows California Vets the opportunity to purchase a home with zero downpayment up to $962,500 in select Bay Area Counties such as San Francisco, San Mateo, Contra Costa, Marin, and Alameda. Los Angeles VA Loans are available up to $593,750 with no down payment. 2011 VA Loan updates here We are also able to exceed the VA County VA Loan limit with downpayment of 25% of the … (0 comments)
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, Washington Loans, Georgia Home Loans, Florida Home Loans, and more.
Visit us at vandykfunding.com for even more info or to get started. Or give us a call or text at 760-752-4480 direct.
NMLS ID: 3035 - VanDyk Mortgage Corp NMLS ID 220268 Brian Skaar - Loan Originator http://www.nmlsconsumeraccess.org/
VanDyk Mortgage is an Equal Housing Opportunity Lender
All content Copyright 2007-2024 Brian Skaar & VanDyk Mortgage, all rights reserved.
The time is now for FHA Streamline Refinances
;)
;)
;)
