wa: VA FAQ #22 - Does the VA allow 100% Cash Out VA Loans? - 03/20/15 09:26 AM
VA FAQ #22 - Does the VA allow 100% Cash Out VA Loans?
 
100% Cash Out VA Loans are available again.    You read the headline correct:   VanDyk now offers VA loans up to 100% loan to value for VA cash out refinances.   VA refinances are no longer capped at 90% of your current appraised value.   These are available up to $424K loan amounts.   (if your VA Loan Amount will need a higher balance, Our VA Jumbo Loans allow up to 100% as well.  Please inquire direct to 760-752-4480 to see if you have enough equity to make a new … (0 comments)

wa: Get Started here for your FHA Loan Approval - 02/28/15 01:12 AM
We offer fully Underwritten Approvals for FHA & FHA Jumbo Purchase Loans prior to finding a property.  
We call this our Fast Forward Approval program.   
Our proprietary Fast Forward Approval process solidifies your qualifications, and also allows you to move through your FHA Purchase Transaction in a comfortable, timely fashion that has much less stress than rushing through both the loan and home purchase at the same time.   Most of the heavy lifting is done up front so you can concentrate on finding and closing on the best home for your family.  
Let's get started,  we … (0 comments)

wa: Get Started here for your VA Loan Approval - 02/27/15 08:33 AM
We offer fully Underwritten Approvals for VA & VA Jumbo Purchase Loans prior to finding a property.  
We call this our Fast Forward Approval program.   
Our proprietary Fast Forward Approval process solidifies your qualifications, and also allows you to move through your Purchase Transaction in a comfortable, timely fashion that has much less stress than rushing through both the loan and purchase at the same time.   Most of the heavy lifting is done up front so you can concentrate on finding and closing on the best home for your family.  
Let's get started,  we would be … (0 comments)

wa: The $1m Washington VA Loan - 03/09/14 03:59 PM
The $1m Washington VA Loan
This may sounds ridiculous to many, but we offer (and make) $1m VA Loans.  In fact,  we offer VA Loans over $1m,  all the way to $1.5M!   How is this you ask?   Via the combination of VA Loan Limits in Washington, plus a down payment on a VA purchase loan, or sufficient equity on a VA Refinance Loan.    These large VA Loans have several names: VA Jumbo, VA High Balance, and sometimes VA Super Conforming.   We call them VA Jumbo Loans.   
Washington has several counties that exceed the standard VA Loan limit of $417K.   King, … (0 comments)

wa: Downpayment from Gift Funds for 95% Conforming Loans - 02/19/14 04:21 AM
Downpayment from Gift Funds for 95% Conforming Loans
We now offer 95% conventional loans (5% down) up to $417K with the entire down payment can be from gift funds. 
Recent upgrades from our PMI providers make this new option available.   Fannie Mae and Freddie Mac lifted their Gift Fund resctrictions last year.   The gift funds do have to be sourced,  be from an immediate family member, and be documented. We can help guide you in the process to make sure this is handled correctly. 
We allow gift funds for 5% Down Conforming Loans  on Single Family Residences and Condominiums up to $417K. 
We … (0 comments)

wa: Gift Funds OK for 95% conventional Loans - 02/19/14 04:01 AM
Gift Funds OK for 95% conventional Loans
We now offer 95% conventional loans (5% down) up to $417K with the entire downpayment being gift funds. 
Recent PMI company changes make this possible, as Fannie Mae and Freddie Mac lifted their Gift Fund resctrictions last year.   The gift funds do have to be sourced,  be from an immediate family member, and be documented.  We can help guide you in the process to make sure this is handled correctly. 
We allow gift funds for 5% Down Conventional Loans  on Single Family Residences and Condominiums up to $417K. 
We offer this program in … (0 comments)

wa: What is the Maximum Debt Ratio- (aka DTI) with a VA Loan with QM? - 02/16/14 02:37 PM
What is the Maximum Debt Ratio- (aka DTI) with a VA Loan with QM?
There has been much talk about how QM will result in more denials for VA Home Buyers using VA Financing due to new Federally Mandated restrictions regarding Mortgage Loans.    QM is also known as Qualified Mortgages, as defined  in the Dodd-Frank legislation.   QM went into effect the same time as ATR, in January, 2014,   ATR stands for Ability to Repay.   This basically codified how and what lenders must verify, document and consider when qualifying VA borrowers for VA Loans under QM/ ATR.  VA stands … (0 comments)

wa: What is the Maximum Debt Ratio- (aka DTI) with a FHA Loan with QM? - 02/16/14 02:20 PM
What is the Maximum Debt Ratio- (aka DTI) with a FHA Loan with QM?
Much has been written about how QM will result in more Turn Downs or credit denials for Home Buyers using FHA Financing due to new Federally Mandated restrictions regarding Mortgage Loans.    QM is also know as Qualified Mortgages, as defined  in the Dodd-Frank legislation.   It went into effect the same time as ATR,   ATR stands for Ability to Repay.   This basically codified how and what lenders must verify, document and consider when qualifying FHA borrowers for FHA Loans under QM/ ATR.  FHA stands for … (0 comments)

wa: What is the Maximum Debt Ratio- (aka DTI) with a Fannie Mae Loan with QM? - 02/16/14 01:59 PM
What is the Maximum Debt Ratio- (aka DTI) with a Fannie Mae Loan with QM?
Much has been written about how QM will result in more credit denials for conventional Home Buyers due to new Federally Mandated restrictions regarding Qualified Mortgage Loans.    QM stands for Qualified Mortgages, a definition made in the Dodd-Frank legislation.   It went into effect in tandem with ATR, ATR stands for Ability to Repay.   This basically codified how and what lenders must verify, document and consider when qualifying borrowers for Fannie Mae Loans under QM/ ATR.  most of the qualification steps remain the same … (0 comments)

wa: New USDA property maps delayed - 01/28/14 09:14 AM
New USDA property maps delayed
USDA announced today that the new USDA Property Eligibility Maps based on 2010 Census data will not go into effect until Oct 1, 2014.   This could change if congressional action ensues in the interrim.   Most areas are still utilizing maps based on 2000 Census data until Oct 1, 2014, which includes many areas that would not be considered very Rural from the street.   
To view both the current eligibility maps, and the "future USDA RD eligibility areas",  check out this link to the USDA RD Eligibility page.
For help with purchasing a home … (0 comments)

wa: VA FAQ #10 - Are VA Loans available over $424K? - 01/10/14 05:40 AM
VA FAQ #10 - Are VA Loans available over $424K?
YES.   We offer VA Loans over $424K to qualified Veterans. 
We even offer VA Loans over $1m all the way to $1.5M VA Jumbo Loan amounts to qualified Veterans. 
Many VA Lenders cap their VA loans at $424K,  $650K, $729K, or $1m.    VanDyk Mortgage offers qualified applicants VA Loans up to $1.5M.  If your VA Jumbo Loan exceeds your County VA Loan Limit (VA Loan Limits can be found here),  we will require equity or down payment to meet the VA Guaranty requirement.
Our Minimum middle Fico score is just 580 on all VA Loans up to … (0 comments)

wa: What is the max DTI with a Freddie Mac Loan with QM? - 12/30/13 02:01 PM
What is the max DTI with a Freddie Mac Loan with QM?
Much has been written about how QM will result in more credit denials for Home Buyers due to new Federally Mandated restrictions regarding Mortgage Loans.    QM stands for Qualified Mortgages, a definition made in the Dodd-Frank legislation.   It went into effect in Tandem with ATR,   ATR stands for Ability to Repay.   This basically codified how and what lenders must verify, document and consider when qualifying borrowers for Freddie Mac Loans under QM/ ATR.  Freddie Mac is the common name for FHLMC, or the Federal Home … (0 comments)

wa: WA Conforming Loan Limits for 2014 - 11/26/13 04:29 AM
WA Conforming Loan Limits for 2014 - Washington State Fannie Mae & Freddie Mac Loan limits 2014
Fannie Mae & Freddie Mac have announced the 2014 Washington conforming loan limits (aka conventional loan limits).   The standard conventional loan limit remains at $417,000 accross most of the USA.  This is also called the Conforming Loan Limit ($417K).   High Cost Areas have loan limits up to $625,500, and  are called Conforming Jumbo, High Balance, or Super Conforming loans.
We offer Conforming Jumbo Loans for Single Family Homes up to $506,000 in King, Snohomish, and Pierce Counties, and up to $483,000 in San Juan … (0 comments)

wa: VA Loans - Frequently Asked Questions (VA Jumbo / VA High Balance too) - 10/21/13 11:06 AM
VA Loans - Frequently Asked Questions (VA Jumbo / VA High Balance Answers too)
We have been putting together a series of posts regarding some of the most frequently asked questions that we receive regarding VA Loan qualifications and guidelines.  
Here is a list of this work in progress for VA Loan Questions: 
VA FAQ 1:   What is a VA Loan ?
VA FAQ 2:   Does the VA make VA Loans?
VA FAQ 3:   Who can qualify for a VA or VA Jumbo Loan?
VA FAQ 4:   What is the VA Loan Limit ? 
VA FAQ 5:   What is a VA Jumbo … (0 comments)

wa: Improved Options for Spokane FHA Streamline Refinances for 2012 - 08/12/12 01:40 PM
Improved Options for Spokane  FHA Streamline Refinances for 2012
Improved Options for Spokane FHA Streamline Refinances are coming.  The Whitehouse authorized changes to the FHA Streamline Refinance Program are available now, and will help many Spokane Homeowners with FHA Loans made prior to June 1, 2009 save hundreds per month.
The options for FHA Streamlines for Spokane and Spokane County  Homeowners have been prohibitive the past couple years due to increased FHA Mortgage Insurance rates.   The new FHA Streamline Changes reduce fees for FHA Streamline Borrowers. The new program will reduce the Upfront Mortgage Insurance Premium (UFMIP) to .01% according the news release by … (0 comments)

wa: Improved Options for Tacoma FHA Streamline Refinances for 2012 - 08/12/12 01:39 PM
Improved Options for Tacoma  FHA Streamline Refinances for 2012
Improved Options for Tacoma FHA Streamline Refinances are coming.  The Whitehouse authorized changes to the FHA Streamline Refinance Program are available now, and will help many Tacoma Homeowners with FHA Loans made prior to June 1, 2009 save hundreds per month.
The options for FHA Streamlines for Tacoma and Pierce County  Homeowners have been prohibitive the past couple years due to increased FHA Mortgage Insurance rates.   The new FHA Streamline Changes reduce fees for FHA Streamline Borrowers. The new program will reduce the Upfront Mortgage Insurance Premium (UFMIP) to .01% according the news release by … (0 comments)

wa: Improved Options for Seattle FHA Streamline Refinances - 07/21/12 09:57 AM
Improved Options for Seattle  FHA Streamline Refinances
Improved Options for Seattle FHA Streamline Refinances are here.  The Whitehouse authorized changes to the FHA Streamline Refinance Program are available now, and will help many Seattle Homeowners with FHA Loans made prior to June 1, 2009 save hundreds per month.
VanDyk Mortgage allows you to streamline your FHA Loan, even if it exceeds the current FHA Loan limits. 
The options for FHA Streamlines for Seattle and King County  Homeowners have been prohibitive the past couple years due to increased FHA Mortgage Insurance rates.   The new FHA Streamline Changes reduce fees for FHA Streamline Borrowers. The new program will … (0 comments)

wa: Improved Options for Vancouver FHA Streamline Refinances - 07/21/12 09:51 AM
Improved Options for Vancouver  FHA Streamline Refinances
Improved Options for Vancouver FHA Streamline Refinances are coming.  The Whitehouse authorized changes to the FHA Streamline Refinance Program are available now, and will help many Vancouver Homeowners with FHA Loans made prior to June 1, 2009 save hundreds per month.
VanDyk Mortgage allows you to streamline your FHA Loan, even if it exceeds the current FHA Loan limits. 
The options for FHA Streamlines for Vancouver and Clark County  Homeowners have been prohibitive the past couple years due to increased FHA Mortgage Insurance rates.   The new FHA Streamline Changes reduce fees for FHA Streamline Borrowers. The … (0 comments)

wa: Is this Redmond Condo VA Approved? - 07/05/12 03:51 AM
Is this Redmond Condo VA Approved?  
We hear this question quite often. The answer isn't always easy to find for Veteran Homebuyers in Redmond, WA.  Real Estate Agents, Sellers, and sometimes even the HOA don't have the most updated info on their VA Condo Approval Status.
Why is this?   Shouldn't it be easy to figure out if the Condo is VA Approved?   I agree 100%.  However, the VA Condo Search Portal doesn't index by the common names you would normally use for a Redmond VA Condo.  The VA uses an assortment of names:  HOA Name, Tract number, Map Number, or another … (0 comments)

wa: VA Jumbo IRRRL Streamline Refinance Options for Washington Veterans - Rates have never been lower! - 06/19/12 03:22 AM
VA Jumbo IRRRL Streamline Refinance Options for Washington Veterans - Rates have never been lower!
The VA Jumbo IRRRL Streamline Refinance is a great option to reduce the interest rate on your Washington VA Jumbo Loan.   The VA Jumbo Streamline requires reduced documentation,  and offers a streamlined process.   
VA IRRRL (Interest Rate Reducing Refinance Loan) Streamlines and VA Jumbo IRRRL Streamline Refinances are available for Owner Occupied Homes, Single Family Homes, Condo’s, Second Homes, and Rental Properties secured by VA and VA Jumbo Loans.   (Rental Properties are also known as Non-owner, or Investment Homes). 
Basic requirements for a Washington VA IRRRL Streamline … (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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