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Showing posts with label foreclosure. Show all posts
Showing posts with label foreclosure. Show all posts

Saturday, March 14, 2009

We now offer 95% financing in California with no MI on select homes

We now offer 95% financing in California with no MI on select homes
When you purchase a Fannie Mae Owned Foreclosure Property, you may be eligible for our new
Fannie Foreclosure Mover Loan. This new loan allows you to finance up to 95% of the Purchase price with ZERO Mortgage Insurance (MI).

Loan amounts up to $417K are eligible up to 95%.

This is even available in California with these terms.

There are no Declining Market restrictions on this loan program.

We also offer these for the High Balance or Conforming Jumbo Loan sizes up to 90% of the purchase price of the home. This would help homebuyers looking at Fannie Mae properties in Los Angeles with loans up to $729,750, San Jose up to $729,750, San Francisco up to $729,750, San Diego up to $697,500. For more details on the higher 2009 loan limits just released, click here.

Call today: 760-752-4480 - Brian Skaar - VanDyk Mortgage - Direct Lenders - Direct Savings.

We offer this program in all of our loan markets: California, San Diego, San Marcos, Carlsbad, Oceanside, Vista, Escondido, Fallbrook, Bonsall, Riverside, Los Angeles, Orange County, Irvine, Corona, Anaheim, Santa Ana, Seattle, Washington, Bellevue, Kirkland, Redmond, Lynnwood, Olympia, Tacoma, Puyallup, Buckley, Auburn, Kent, Federal Way, Seatac, San Francisco, San Jose, Carson, Gardena, Hawthorne, Lawndale, Inglewood, Ladera Heights, View Park, Windsor Hills, Baldwin Hills, Fox Hills, Culver City, Beverly Hills, Malibu, Santa Monica, Brentwood, Calabasas, Encino, Bel Air Estates, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates, Manhattan Beach, Redondo Beach, Hermosa Beach, Torrance, San Marcos, San Diego, Rancho Bernardo, Carlsbad, Escondido, Poway, Oceanside, Vista, Encinitas, Carmel Valley, Scripps, Tierra Santa, El Cajon, La Jolla, Chula Vista, National City, San Ysidro, Santee, Eastlake, Ramona, Long Beach, Artesia, La Palma, Cerritos, Compton, Lynwood, Bellflower, Temecula, Murrieta, Southern California, Northern California, Washington, Everett, Lynnwood, Tacoma, Kent, Federal Way, Auburn, Renton, Bellevue, Redmond, Kirkland, Whittier, Santa Fe Springs, Downey, Irvine, Newport Beach, Los Angeles, San Bernardino, Riverside and Orange County.

Sunday, February 8, 2009

Renovation Loans - The solution for REO's, Bank owned, & foreclosures

VanDyk Mortgage is proud to offer our Homestyle Renovation loan. This is a conventional loan that can help you finance the renovation of a new home purchase, or an existing home with a Refinance that includes monies to fix, repair, rehab or renovate your home.

You will qualify for this loan much like a standard Conventional Conforming loan. The nice aprt is that you can add in funds to your loan amount to complete small (minimum $15,000) to large amount (maximum $250,000) renovation projects.

The Scope of work for the Rehabilitiation or Renovation project can include virtually anything that will bring a house to your specs or meet your dreams.

These loans are available up to the Conforming limit of $417,000. We do require a Full Builder Third party contract for completion of the work, no owner-builder or family-builder option is available at this time. You are required to make all normal payments during the construction period.

These loans are a great alternative to the FHA 203K rehab loan. In addition, if you have 20% down payment, you will avoid Mortgage Insurance with the Homestyle renovation loan.

This is a fantastic way to purchase a Bank Owned, REO, Foreclosure, Short Sale, Tax sale, probate sale, or otherwise distressed property, and include the funds to renovate & rehabilitate the property to like new condition (or better in many cases!). This loan does not require a HUD Consultant inspection, however project review & quality appraisal work is required.

The VanDyk HomeStyle Renovation loan is available for primary homes, second homes, investment homes, Single family, duplex (2 unit), triplex (3 unit), fourplex (4 unit), condo's, & PUD's.

Apply online at www.vandykfunding.com. Call the Renovation & Government Loan experts to find out how to structure your next purchase.

VanDyk Mortgage is a VA Direct Lender (since 1987) offering VA Loans such as VA purchase loans, VA Streamline Refinance, VA IRRRL, VA Refinance Loans, VA Mortgages of all types. As a Government Direct Lender, VanDyk Mortgage is also a HUD Full Eagle FHA Direct Endorsement Underwriter, ie FHA Direct Lender offering FHA Loans such as FHA Purchase loans, FHA Refinance, FHA Streamline Refinance, FHA 203K Streamline Rehab loans, FHA Jumbo, FHA Jumbo Purchase, FHA Jumbo Refinance, FHA Jumbo Streamline Refinance, FHA mortgages of all types. We also offer Direct Lender Loans such as Conforming Fixed, Super Conforming Fixed, Jumbo, USDA, Homestyle Renovation Loans, the VanDyk Rehab loan, and more. We offer conforming, FHA & VA loans in California, Georgia, Texas, Washington, & More. Visit us at www.vandykfunding.com to get started or just find out more.