ventura: **REVISED ** Complete California VA Loan Limits for 2015 - 03/07/14 06:45 AM
**REVISED ** Complete California VA Loan Limits for 2015 
The VA has increased the VA Loan Limits for many California Counties effective 1-01-2015, increasing the California VA Loan Limits in some counties, and reducing some others to the "permanent high cost loan limit" of $625,500.   Some counties increased, most notable,  San Diego County is now at $562,350, Sacramento/Placer/El Dorado/Yolo counties are now at $474,950, and Ventura is up to $603K for 2015.  The Bay Area counties of San Francisco, Marin, San Mateo, Contra Costa and Alameda top the VA Loan Limits for No Money Down VA Jumbo Loans at $625,500, and LA/OC counties are at … (0 comments)

ventura: How long do I have to wait to get a VA Loan after Bankruptcy? - 04/23/12 01:49 AM
How long do I have to wait to get a VA Loan after Bankruptcy?
Many Veterans have encountered financial Hardship during the past several years. Active Duty Recalls, Overseas Tours, Risky Mortgage Loans, falling Real Estate Prices, Unemployment, etc have created financial Hardship for many Veterans across the Country, resulting in Bankruptcy for the Veteran.
We have good news for our Vets:   You can get a VA Loan soon as 2 years after Bankruptcy Discharge
California VA Loans After Bankruptcy:  the minimum waiting period is 2 years after the Bankruptcy Discharge (for Chapter 7).  It will require that you have zero … (0 comments)

ventura: How long do I have to wait to get a VA Loan after Foreclosure? - 04/23/12 01:47 AM
How long do I have to wait to get a VA Loan after Foreclosure?
Many Veterans have encountered financial Hardship during the past several years. Active Duty Recalls, Deployments, Overseas Tours, Risky Mortgage Loans, falling Real Estate Prices, Unemployment, etc have created financial Hardship for many Veterans across the Country, resulting in a Foreclosure of the Veteran's home.
We have good news for our Vets:   You can get a VA Loan soon as 2 years after the Foreclosure Sale Date in California.
California VA Loans After Foreclosure:  the minimum waiting period is 2 years after the Foreclosure Sale Date.  The Underwriter will … (0 comments)

ventura: FHA Loan Limits for California Counties in 2012 - 01/02/12 07:59 AM
California FHA Loan Limits for 2012
For 2012,  Congress has restored the higher FHA Loan Limits also known as Temporary High Balance or FHA Jumbo Loan Limits.   These allow homebuyers to purchase homes in higher cost areas with as little as 3.5% down payment.   The higher FHA Loan Limits also allow homeowners to refinance their non-FHA loans into safe, secure FHA loans up to 97.75% Loan to value, and can even help you consolidate your first and second mortgage in one loan with a 30 year fixed rate.   VanDyk Mortgage allows you to consolidate a second mortgage or Home Equity … (0 comments)

ventura: Fannie & Freddie extend HARP Refinance program into 2012 for underwater homeowners - HARP -Home Affordable Refinance Program for conventional conforming loans. - 08/20/11 11:31 AM
Fannie Mae & Freddie Mac extend HARP Refinance program into 2012 for underwater homeowners - HARP -Home Affordable Refinance Program for conventional conforming loans.
The Regulator for Government run Fannie Mae and Freddie Mac has authorized a 1 year extension on the HARP Refinance initiative until June 2012.  This is also called the Home Affordable Refinance Program.   This program allows homeowners with loans currently owned by Fannie Mae or Freddie Mac to refinance with expanded qualifications such as reduced appraisal requirements, higher Loan to Values allowable, reduced income documention, etc.
The Fannie Mae program is called Harp, Refi Plus or DU Refi Plus.  … (0 comments)

ventura: No Maximum Income restrictions for VA Loans - 09/06/10 01:10 PM
There is No Maximum Income restrictions for VA Loans
There are no maximum income restrictions or limitations for VA Loans.  We felt it was important to discuss this briefly since many people think VA Loans are just for Low Income buyers, or First Time Home Buyers.   Nothing could be further from the truth,  our Veterans and Active Duty Service Personnel deserve quality housing and affordable financing options.  The VA Loan Benefit serves that need.  
VA Loans do not have a maximum income restriction.  As well, you do not have to be a First Time Home Buyer to qualify for a VA … (0 comments)

ventura: An overview of the California VA Loan process - 07/25/10 01:47 PM
An overview of the California VA Loan process
We would like to give our Veterans an overview of what to expect when it comes to California VA Loans. 
The process for purchasing a home with a VA Mortgage in California is nearly the same as refinancing with a new VA Loan.  Our goal here is to provide a basic understanding of the VA Loan Process for our Veterans and Active Duty Personnel to make the process a bit easier.
If you are purchasing a home, the first step is the loan Pre-Approval.  A VA refinance loan doesn't require pre-approval.   Here are the most common … (0 comments)

ventura: Mortgage Rate Alert - all -time lows - 07/22/10 10:43 AM
Immediate Rate Alert!   All-time low rates are available on FHA, VA & Conventional Loans available now.    
30 year fixed rate loans for Purchase & Refinance including all of the following loan types are at 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 Whether you are purchasing a home or need to refinance to lock in these low rates, Do … (0 comments)

ventura: An overview of the California VA Loan process - 06/20/10 05:33 AM
An overview of the California VA Loan process
We would like to give our Veterans an overview of what to expect when it comes to California VA Loans. 
The process for purchasing a home with a VA Mortgage is nearly the same as refinancing with a new VA Loan.  Our goal here is to provide a basic understanding of the VA Loan Process for our Veterans and Active Duty Personnel to make the process a bit easier.
If you are purchasing a home, the first step is the loan Pre-Approval.  A VA refinance loan doesn't require pre-approval.   Here are the most common … (0 comments)

ventura: FHA Jumbo Loans -620 fico OK - 05/14/10 10:24 AM
FHA Jumbo Purchase Loans down to 620 fico OK
VanDyk Mortgage Allows FHA Jumbo (aka FHA High Balance) Purchase Loans with Fico scores as low as 620.  These are available up to your County FHA Loan Limits  Most lenders require a 660 Fico for a FHA Jumbo Purchase Loan.  We allow FHA Jumbos with Ficos below 660 down to 620.
Check out the FHA Jumbo Loan limits for your county here:   FHA Loan Limits CA or FHA Loan Limits WA
One of the major benefits of a FHA Jumbo is that it requires just 3.5% downpayment.   FHA Jumbo Loans also offer competitive interest rates (call … (0 comments)

ventura: Los Angeles VA Loans and FHA Home Mortgage Loans - VanDyk Mortgage - California VA Lender & FHA Lender. - 04/04/10 10:22 AM
Los Angeles 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 Los Angeles. We have been making FHA, VA, Conforming, and Jumbo loans since 1987. VanDyk Mortgage is a Direct Lender. We offer many loan programs for Los Angeles Homebuyers and Los Angeles 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 Los Angeles FHA Loans … (0 comments)

ventura: California VA Loan Limits by County for 2010 - 03/07/10 04:27 AM
California VA Loan Limits by County for 2010
The Veterans Administration, in concert with some help from Congress in 2008 now allows Veterans and Active Duty Military Personnel to purchase homes in higher cost areas such as California and Washington at loan amounts much higher than the old VA limits.  Some examples in California are San Jose, San Francisco, Oakland, Fremont and much of the Bay Area may qualify for a 100% VA Jumbo loan up to $962,500.   Los Angeles and Orange county cities such as Los Angeles (duh), Irvine, Anaheim, Newport Beach, Costa Mesa, Laguna, Orange, Santa Monica, Hermosa Beach, … (0 comments)

ventura: 2010 California FNMA & FHLMC Loan Limits- Fannie Mae & Freddie Mac Loan limits 2010 - 02/27/10 08:10 AM
2010 California FNMA & FHLMC - Fannie Mae & Freddie Mac Loan limits 2010
Fannie Mae & Freddie Mac have retained the expanded 2009 loan limits for 2010.  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 new formula in the 2008 housing bill passed in July of 2008, and are also called Conforming Jumbo, High Balance, or Super Conforming loans.
There are different ratios and loan to value ratios for the Fannie Mae & Freddie Mac loans that exceed the standard limit of $417K.  They … (0 comments)

ventura: 90% no MI - Investment property purchase loans- California - 03/14/09 05:55 PM
90% no MI - Investment property purchase loan - California   Just 10% down payment.  
Yes, 10% down,  no MI.   This is for real.   In our last post on our innovative new "Fannie Foreclosure Mover Loan"   I forgot to mention that this program is available to Investors!   Investors can purchase select homes owned by Fannie Mae with just 10% down.  Even in California, Florida, and other Declining markets.  Even better, the Fico Minimums are reasonable, 660 for loans under $417K.   This program even allows ficos down to 580 with 20% downpayment.    This is a great loan product for Non Owner Occupied purchases.  
For … (0 comments)

ventura: 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)

ventura: 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)

 
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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