fha jumbo: Fannie & Freddie Bailout helps FHA Borrowers too - 09/08/08 05:17 PM
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 for the US government to let them fail.   I am not a personal fan of more government, but in this case, hoorah.  It is necessary for the stability of many levels of our economy.
So the real question I promised to answer was, How does the Fannie & Freddie bailout … (0 comments)

fha jumbo: Please don't fear the Rehab project - 08/10/08 06:19 PM
This post isn't talking about some hollywood celebrity fearing another stay at the Betty Ford Clinic, rather it is regarding Realtors & HomeBuyers fearing the Rehab Property and the Rehab loan.Many Realtors & Homebuyers are discouraged when they see a bank-owned REO or Bank Repo that is in exceptionally Poor Condition.  Dirty, filthy carpets, dire need of fresh paint, needs new appliances, and otherwise simple repairs, but they all cost money.  The problem is that the house just doesn't show well.  It leaves a bad taste in your mouth just looking at it.   But for those with a little design vision … (0 comments)

fha jumbo: Want to buy a bank repo home? REO? Bank Owned foreclosure? But the house is kinda hammered? - 08/05/08 03:04 PM
There is no doubt that the current real estate market offers a lot of great bargains on bank owned, Foreclosed, REO, Repo'd, etc homes.   One problem.  many have been hammered on by the previous owner and left in poor condition.   Missing appliances, ruined carpet & flooring, holes in the wall, etc.  Most loan programs will not be able to help folks buy homes in this condition.  At least not without a very large downpayment. 
This is where a little known program called the FHA 203K Rehab loan comes in.   The FHA 203K Rehab loan is becoming very necessary for the purchase of … (0 comments)

fha jumbo: VanDyk Mortgage helps Homebuyers with REO's & Repo's & the Rehab too! - 08/05/08 02:56 PM
There is a little known program that is becoming very necessary for the purchase of many Bank Owned, REO, or Repo properties.   The Rehab loan.   VanDyk Mortgage offers 203K streamlines to make the process of buying a home that needs a little TLC (or quite a bit in some cases!) easier, more affordable, and quicker.   Many of us have seen firsthand, or have heard stories about foreclosed home that have been torn up, stripped, vandalized, etc.  With conventional financing,  these homes are very difficult to sell or buy, as they are not in move in condition, and most lenders will not lend … (0 comments)

fha jumbo: White House compromise helps homeowners - 07/23/08 01:54 PM
Today,  The White House announced that the President would lift his opposition to a Housing bill being voted on today in the House of Representatives.   This bill includes several upgrades for homeowners accross America.   It provides tax credits for first time homebuyers of up to $7500.  Property Tax credits for other qualifying homeowners.   Authorizes Government investment to shore up Fannie Mae & Freddie Mac, the two largest guarantors of home mortgages.  It will allow permanent upgrades to the maximum loan amounts for Fannie, Freddie & FHA (details to come in the following weeks).  Here is the part that really inspired me to write a … (0 comments)

 
Brian Skaar, Purchase Loan Specialist - VA, FHA, Conventional (VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)

Brian Skaar

Purchase Loan Specialist - VA, FHA, Conventional

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

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.


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