loan limits: California Conforming Loan Limits for 2012 - 01/01/12 10:22 AM
2012 California FNMA & FHLMC - Fannie Mae & Freddie Mac Loan limits 2012
 
Fannie Mae & Freddie Mac have announced Conforming loan limits for 2012. The standard conventional loan limit remains at $417K accross the USA. This is also called the Conforming Loan Limit ($417K). High Cost Areas have loan limits based on the Permanent High Cost Loan Limit established in the HERA bill. These loans are also called Conforming Jumbo, Conforming High Balance, or Super Conforming loans.
 
There are different debt ratio maximums and loan to value ratios for the Fannie Mae & Freddie Mac loans that exceed … (0 comments)

loan limits: updated main website - 03/07/10 05:50 AM
We have updated our main website - www.vandykfunding.com.   We have added pages for:
2010 Conventional loan limits  (these are the same as later 2009 limits)
2010 FHA Loan limits  (they are back to the same limits as later 2008 limits)
2010 VA loan limits
2010 California Conventional Loan limits for Fannie Mae & Freddie Mac
2010 Washington Conventional Loan limits for Fannie Mae & Freddie Mac
2010 California FHA Loan Limits by County
2010 Washgington FHA Loan limits by County
2010 California VA Loan Limits by County
2010 Washington VA Loan Limits by County
We are your resource for FHA, VA, … (0 comments)

loan limits: Congress Approves higher Loan Limit Extension through 2010 - 10/30/09 06:55 AM
Congress Approves higher Loan Limit Extension through 2010
Today,  Congress approved an extension of higher loan limits for FNMA, FHLMC, and FHA (Fannie Mae, Freddie Mac & FHA) that will extend the current loan limits in place for 2009 to the end of 2010.   This will help avoid any disruption in the mortgage market as the housing sector tries to recover.  
The loan limits for your area can be found by clicking on the following links: 
FHA Loan Limits for high cost counties
Fannie & Freddie Loan Limits for high cost counties
VA Loan limits for high cost counties
VanDyk Mortgage … (0 comments)

loan limits: Comparing FHA Jumbo loans to Fannie Mae Jumbo Loans - 04/16/08 04:03 PM
The new Stimulus Package loan limits are here, and we have had a couple weeks to see how the banks would digest the new loan limits (up to $729,750 in certain markets).   For instance, the new loan limit in Los Angeles, CA is $729,750, while the limit for San Diego, CA is $697,500. The Seattle area in Washington, including King, Pierce & Snohomish Counties are now capped at $567,500.
So what is the difference between the larger FHA loans and Fannie Mae's new Jumbo offerings.
Well for starters, FHA only requires 3% down payment vs Fannie Mae's 5% minimum. There is another advantage … (0 comments)

loan limits: New Jumbos: Fannie or FHA? - 04/16/08 04:00 PM
The new Stimulus Package loan limits are here, and we have had a couple weeks to see how the banks would digest the new loan limits (up to $729,750 in certain markets).   For instance, the new loan limit in Los Angeles, CA is $729,750, while the limit for San Diego, CA is $697,500. The Seattle area in Washington, including King, Pierce & Snohomish Counties are now capped at $567,500.
So what is the difference between the larger FHA loans and Fannie Mae's new Jumbo offerings.
Well for starters, FHA only requires 3% down payment vs Fannie Mae's 5% minimum. There is another advantage … (0 comments)

loan limits: News about FHA loans in High Cost Areas - updates & changes - 04/10/08 03:47 AM
HUD has announced new rules requiring 2 appraisals on FHA loans that fall under the new stimulus package loan limits (those loans over $362K).   While this may seem prohitibitive at first glance, and it will add to the time & expense of an FHA loan, it is a relatively easy hurdle to work with.   First of all, it is important to remember that FHA loans are more affordable alternatives to their Fannie & Freddie counterparts.   FHA loans also still allow downpayments of just 3%, whereas Fannie & Freddie require 3% minimum now, and for loan amounts over $417K, 5% is required.  In … (0 comments)

loan limits: FHA Lending updates - 04/10/08 03:46 AM
HUD has announced new rules requiring 2 appraisals on FHA loans that fall under the new stimulus package loan limits (those loans over $362K).   While this may seem prohitibitive at first glance, and it will add to the time & expense of an FHA loan, it is a relatively easy hurdle to work with.   First of all, it is important to remember that FHA loans are more affordable alternatives to their Fannie & Freddie counterparts.   FHA loans also still allow downpayments of just 3%, whereas Fannie & Freddie require 3% minimum now, and for loan amounts over $417K, 5% is required.  In … (0 comments)

loan limits: FHA scores again for home buyers - 04/02/08 05:39 PM
FHA Loans guaranteed by HUD are fast becoming the loan of choice again for first time homebuyers and also those buyers who do not want to put 5, 10 or 20% down payment on their new home (there is good reason to keep your assets in other areas, that will be another post, or call me to find out why). The FHA loan requires just 3% down payment. Sellers can contribute to down payment and closing costs as well, it just requires the use of one of our Down Payment Assistance programs to administer the transfer of funds. (HUD requirement). So … (0 comments)

loan limits: New Loan Limits released for FHA loans - 03/12/08 06:15 PM
New Loan Limits released for FHA loans
 
HUD has finalized the new 2008 loan limits for FHA Government backed loans. The new limits increase the max loans for FHA from just over $368K up to $729,750.
Although the highest amounts are for high cost metropolitan areas such as Los Angeles, New York, & San Francisco, Every county in America benefits from an increase in the FHA loan limit from $200K to a new minimum limit of $271,050. This helps to increase the number of US households that can qualify to purchase and refinance their homes.
You can find the new … (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

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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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