flip rule: We do Flips for you! part 3: VA flips OK
- 08/09/10 05:26 AM
We'll do Flips for you! part 3: VA flips OK. Our Flip Rules for VA Loans - We only require that the seller own the home for 1 day. VA Flip rule - 1 day OK The Seller seasoning requirement on our VA Loans is one day. This is not a misprint, just one day. Why is this important you may ask? Many lenders require that sellers own a home for 90-180 days before it is eligible for their VA Financing. We do not require these waiting periods. We require 1 day. Seller Seasoning simply means how long the current owner (0 comments)
flip rule: We do Flips for you - Part 2 - Conventional Flips OK
- 08/09/10 05:23 AM
We do Flips for you - Part 2 - Conventional Flips OK. Our Flip Rules for Conventional Loans - We only require that the seller own the home for 1 day prior to resale. Our Seller seasoning requirement on our Conventional Loans is one day. One Day. Many lenders require that sellers own a home for 90-180 days before it is eligible for their Conventional Financing through Fannie Mae and Freddie Mac, both examples of Conventional Financing. VanDyk Mortgage does not require a waiting period. We do not require these waiting periods. Seller Seasoning simply means how long the current owner (0 comments)
flip rule: Flip Rule - Conventional or Conforming loans - 1 day
- 05/13/10 11:52 AM
Flip Rules for Conventional Loans - We only require that the seller own the home for 1 day prior to resale. The Seller seasoning requirement on our Conventional Loans is one day. Just one day. Many lenders have begun to require that sellers own a home for 90-180 days before it is eligible for their Conventional Financing through Fannie Mae and Freddie Mac, both examples of Conventional Financing. We do not require these waiting periods. Seller Seasoning simply means how long the current owner has owned the property (ie how long on Title). VanDyk Mortgage requires that the seller is the owner of record on (0 comments)
flip rule: VA Flip rule - 1 day OK
- 05/13/10 11:43 AM
VA Flip rule - 1 day OK The Seller seasoning requirement on our VA Loans is one day. Not a misprint, just one day. Why is this important you may ask? Many lenders have begun to require that sellers own a home for 90-180 days before it is eligible for their VA Financing. We do not require these waiting periods.Seller Seasoning simply means how long the current owner has owned the property (as recorded on Title Records). Seller seasoning is also called Owner seasoning. VanDyk only requires that the seller is the owner of record on the day the contract is (0 comments)
flip rule: Seller seasoning for Conventional loans - 1 day - Flip Rule Defined
- 04/29/10 06:30 PM
Seller seasoning for Conventional loans - 1 day - Flip Rule Defined Our Flip Rules for Conventional Loans: we only require that the seller own the home for 1 day prior to resale. Essentially we have no flip rule for our conventional loans. The Owner seasoning requirement on our Conventional Loans is one day. That is right, one day. Why is this important you ask? Well, many lenders have begun to require that sellers own a home for 90-180 days before it is eligible for their Conventional Financing. Fannie Mae and Freddie Mac are both examples of Conventional Financing. We do (0 comments)
VA Loans with 1 day of seller seasoning - VA Flip Rule info The Owner seasoning requirement on our VA Loans is one day. That is right, one day. Why is this important you ask? Well, many lenders have begun to require that sellers own a home for 90-180 days before it is eligible for their VA Financing. We do not require these waiting periods. Here is an article on our VA Blog about VA Seller Seasoning with more info. Call us to see if your VA purchase may qualify.
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.