In our first post of this 2 part series, we outlined a few scenarios that VA Jumbo loans can help, whereas conventional jumbo loans simply cannot. Here are two more compelling examples where VA Jumbo loans can help our Vets with safe, secure and affordable financing for their home: Scenario 3.
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10/31/2009
VA Jumbo Refinance loans offer solutions conventional loans don't allow. This may sound a little backwards from what you have seen or heard in the past about VA Loans, specifically VA Refinance Loans. VA now allows higher loan amounts up to $1,500,000, and VanDyk Mortgage offers these throughou
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10/31/2009
The loan limit extension for 2010 that was approved by congress today for FHA & GSE backed loans (Freddie 7 Fannie) will also help VA Borrowers in higher cost areas. VA Limits are based on the approved loan limits for FHA & GSE loans, so we don't anticipate any changes to VA Loan limits for 201
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10/30/2009
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
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10/30/2009
The Home Ownership Accelerator is back! (aka the HOA). We are proud to announce that we are again offering the Home Ownership Accelerator loan (HOA). One of the unfortunate casualties of the Mortgage Meltdown was the Home Ownership Accelerator loan program. This loan program allowed USA h
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10/25/2009
VanDyk Mortgage is proud to announce that we offer VA Loans for Borrowers with fico scores as low as 620. Many VA Lenders have begun to require minimum Fico scores for VA Loans of 640 or 660 in recent months. This is not due to changes in the VA Loan Program, or mandates from the Veterans Admin
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10/25/2009
VA Jumbo Loans available up to $1,094,625. VanDyk Mortgage offers VA Jumbo Loans up to $1,094,625 in all areas that we service. Many other VA Jumbo Lenders cap their VA loans at $417,000, or $650,000. We offer VA Jumbo Loans up to the full county limit for your area, and even go above the co
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10/25/2009
VanDyk Mortgage is proud to announce that we offer FHA Loans for Borrowers with fico scores as low as 580. Many FHA Lenders have begun to require minimum Fico scores for FHA Loans of 640 in recent months. This is not due to changes in the FHA Loan Program, or mandates from HUD (who oversees the
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10/25/2009
VA Streamline Refinance aka VA IRRRL loans still available without Appraisal Many VA lenders require property appraisals for VA Streamline Refinances (AKA VA IRRRL or VA Interest Rate Reduction Refinance Loan). The US Agency that oversees the VA Loan program, the US Department of Veterans Aff
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10/11/2009
