Renton WA - VA Loans and FHA Home Mortgage Loan info - Washington VA Lender & FHA Lender

Renton WA - VA Loans and FHA Home Mortgage Loans - VanDyk Mortgage - Washington VA Lender & FHA Lender

VanDyk Mortgage is your source for VA Loans and FHA Loans in Renton. We have been making FHA, VA, Conforming, and Jumbo loans since 1987. VanDyk Mortgage is a Direct Lender. We offer many loan programs for Renton Homebuyers and King County 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

Renton FHA Loans are available up to $567,500 with just 3.5% down payment. The FHA 2010 Loan Limit for Renton is $567,500. Renton FHA Loans that are over $417K up to $567,500 are called FHA Jumbo or FHA High Balance loans.

Renton VA Loans are available up to $481,250 with zero down payment required. The Renton VA Loan Limit in 2010 is $481,250. However, Veterans are not limited to the King County Loan limit of $481,250 for VA Loans in Renton. We also offer VA Jumbo Loans up to $1.5 Million with the appropriate downpayment or equity to reach the VA Guarantee requirements of 25%. Here is one of our posts on how you can get a VanDyk Mortgage VA Loan over your county limit.

Renton Conforming Loans are available up to $567,500. The Renton Conforming Jumbo Loans (aka Conforming High Balance,those over $417,000 and up to $567,500) require a minimum of 10% downpayment or equity.

Renton Home Loan information

FHA Home loans in Renton, Washington:

• FHA Home Loans require just 3.5% downpayment
• FHA Jumbo Loans up to $567,500 (aka FHA High Balance)
• The $567,500 is the base loan amount - the Renton FHA Loan Limit of $567,500 does not have to include the UFMIP (FHA's Upfront Mortgage Insurance Premium, which is usually financed into your loan amount)
• Renton home buyers can purchase up to a $588K home with 3.5% down.
• The Seller can pay up to 3% of your closing and settlement costs.
• Minimum score for a FHA Home Loan is just 620, even on FHA High balance or FHA Jumbo.
• You can receive a gift of funds for your Downpayment and closing costs from Family
• FHA Condominium requirements include at least a 51% owner occupancy ratio, no outstanding lawsuits against the Homeowners Association - call for details.
• FHA Loans allow non-occupying co-borrowers such as parents and siblings.

VA Home Loans in Renton, Washington:

• Active Duty Military and Veterans can both qualify
• 100% financing up to $481,250
• A $500k Renton VA Home Purchase would only require $4,687 downpayment ( .94%) - not including the VA Funding Fee
• A $675k Renton VA Home Purchase would only require $48,437 downpayment (7.18%) - not including the VA Funding Fee
• ~VA Loans require no Mortgage Insurance
• VA Loans do require a VAFF (VA Funding Fee), which is usually financed
• Veterans with a 10% or higher VA disability pay no VA Funding fee
• Sellers can pay up to 4% of the VA Buyers closing costs
• VA Loans for Renton condos are available up to $481,250 with zero down

Conforming Home Loans in Renton, Washington:

• Available up to $567,500 with the Conforming High Balance (aka conforming Jumbo)
• Renton Conforming loans available up to $417,000
• require a minimum of 5% downpayment or up to 95% LTV
• Allow for condominiums, Second Homes, and investment properties
• Call for details on Fico score requirements, downpayment requirements, etc

** please visit our post on Conforming vs Conventional to help explain the difference between these two terms, they are often misused in the media and web.

Give us a call at 866-900-2342 direct, ask for Brian Skaar to see if this is the right loan for you. Visit us on the web at www.vandykfunding.com

VanDyk Mortgage has been making FHA loans since 1987. We are a HUD recognized Full Eagle FHA DE underwriter and FHA Direct Lender. We are also a VA Lender and VA Jumbo Lender.

Go with the Government Loan Pros, go with VanDyk. Visit us at www.vandykfunding.com or call Brian Skaar direct at 866-900-2342 for help with your FHA or VA loan. We offer FHA, FHA Jumbo, VA, VA Jumbo, Conforming & Jumbo Loans. VanDyk Mortgage offers FHA, VA, & Conventional loans in addition to FHA Jumbo, VA Jumbo, and Conforming Jumbo loans (aka FHA High Balance, VA High Balance, and Conforming High Balance).

We service the entire state of Washington, including Spokane, Spokane Valley, Mead, Newport, Liberty Lake, Newman Lake, Airway Heights, Deerpark, Seattle, Tacoma, Everett, Puyallup, Kent, Auburn, Bellevue, Federal Way, Kirkland, Redmond, Woodinville, Snohomish, Marysville, Lake Stevens, Mukilteo, Lynnwood, Montlake Terrace, Edmonds, Des Moines, Renton, Issaquah, North Bend, Monroe, Olympia, Lacey, Bremerton, Tumwater, Port Orchard, and Vancouver. In addition to Washington State, we service the entire state of California, including Redding, Sacramento, Bakersfield, Stockton, Oakland, San Francisco, Fremont, Clovis, Sunnyvale, Patterson, Modesto, Salinas, Palmdale, Lancaster, Los Angeles, Ventura, Santa Monica, San Bernardino, Riverside, Corona, Santa Ana, Orange, Irvine, Anaheim, Huntington Beach, Long Beach, Brea, Ventura, Santa Barbara, Monterey, Corona, Palm Springs, Indio, Temecula, Murrieta, San Diego, Chula Vista, Oceanside, Escondido, Vista, La Mesa, Santee, Santa Maria, Santa Clarita, San Clemente, Laguna, Aliso Viejo, Mission viejo, Rancho, Santa Margarita, Rancho Cucamonga, and more.

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 loans, FHA Jumbo, FHA Jumbo Purchase, FHA Jumbo Refinance, FHA Jumbo Streamline Refinance, FHA High Balance, and FHA mortgages of all types. Visit us at www.vandykfunding.com to get started or just find out more

Bothell WA - VA & FHA Loan Info

Bothell WA - VA Loans and FHA Home Mortgage Loans - VanDyk Mortgage - Washington VA Lender & FHA Lender

VanDyk Mortgage is your source for VA Loans and FHA Loans in Bothell . We have been making FHA, VA, Conforming, and Jumbo loans since 1987. VanDyk Mortgage is a Direct Lender. We offer many loan programs for Bothell Homebuyers and King County 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

Bothell FHA Loans are available up to $567,500 with just 3.5% down payment. The FHA 2010 Loan Limit for Bothell is $567,500. Bothell FHA Loans that are over $417K up to $567,500 are called FHA Jumbo or FHA High Balance loans.

Bothell VA Loans are available up to $481,250 with zero down payment required. The Bothell VA Loan Limit in 2010 is $481,250. However, Veterans are not limited to the King County Loan limit of $481,250 for VA Loans in Bothell. We also offer VA Jumbo Loans up to $1.5 Million with the appropriate downpayment or equity to reach the VA Guarantee requirements of 25%. Here is one of our posts on how you can get a VanDyk Mortgage VA Loan over your county limit.

Bothell Conforming Loans are available up to $567,500. The Bothell Conforming Jumbo Loans (aka Conforming High Balance,those over $417,000 and up to $567,500) require a minimum of 10% downpayment or equity.

Bothell Home Loan information

FHA Home loans in Bothell Washington:

• FHA Home Loans require just 3.5% downpayment
• FHA Jumbo Loans up to $567,500 (aka FHA High Balance)
• The $567,500 is the base loan amount - the Bothell FHA Loan Limit of $567,500 does not have to include the UFMIP (FHA's Upfront Mortgage Insurance Premium, which is usually financed into your loan amount)
• Bothell home buyers can purchase up to a $588K home with 3.5% down.
• The Seller can pay up to 3% of your closing and settlement costs.
• Minimum score for a FHA Home Loan is just 620, even on FHA High balance or FHA Jumbo.
• You can receive a gift of funds for your Downpayment and closing costs from Family
• FHA Condominium requirements include at least a 51% owner occupancy ratio, no outstanding lawsuits against the Homeowners Association - call for details.
• FHA Loans allow non-occupying co-borrowers such as parents and siblings.

VA Home Loans in Bothell, Washington:

• Active Duty Military and Veterans can both qualify
• 100% financing up to $481,250
• A $500k Bothell VA Home Purchase would only require $4,687 downpayment ( .94%) - not including the VA Funding Fee
• A $675k Bothell VA Home Purchase would only require $48,437 downpayment (7.18%) - not including the VA Funding Fee
• ~VA Loans require no Mortgage Insurance
• VA Loans do require a VAFF (VA Funding Fee), which is usually financed
• Veterans with a 10% or higher VA disability pay no VA Funding fee
• Sellers can pay up to 4% of the VA Buyers closing costs
• VA Loans for condos are available up to $481,250 with zero down

Conforming Home Loans in Bothell, Washington:

• Available up to $567,500 with the Conforming High Balance (aka conforming Jumbo)
• Bothell Conforming loans available up to $417,000
• require a minimum of 5% downpayment or up to 95% LTV
• Allow for condominiums, Second Homes, and investment properties
• Call for details on Fico score requirements, downpayment requirements, etc

** please visit our post on Conforming vs Conventional to help explain the difference between these two terms, they are often misused in the media and web.

Give us a call at 866-900-2342 direct, ask for Brian Skaar to see if this is the right loan for you. Visit us on the web at www.vandykfunding.com

VanDyk Mortgage has been making FHA loans since 1987. We are a HUD recognized Full Eagle FHA DE underwriter and FHA Direct Lender. We are also a VA Lender and VA Jumbo Lender.

Go with the Government Loan Pros, go with VanDyk. Visit us at www.vandykfunding.com or call Brian Skaar direct at 866-900-2342 for help with your FHA or VA loan. We offer FHA, FHA Jumbo, VA, VA Jumbo, Conforming & Jumbo Loans. VanDyk Mortgage offers FHA, VA, & Conventional loans in addition to FHA Jumbo, VA Jumbo, and Conforming Jumbo loans (aka FHA High Balance, VA High Balance, and Conforming High Balance).

We service the entire state of Washington, including Spokane, Spokane Valley, Mead, Newport, Liberty Lake, Newman Lake, Airway Heights, Deerpark, Seattle, Tacoma, Everett, Puyallup, Kent, Auburn, Bellevue, Federal Way, Kirkland, Redmond, Woodinville, Snohomish, Marysville, Lake Stevens, Mukilteo, Lynnwood, Montlake Terrace, Edmonds, Des Moines, Renton, Issaquah, North Bend, Monroe, Olympia, Lacey, Bremerton, Tumwater, Port Orchard, and Vancouver. In addition to Washington State, we service the entire state of California, including Redding, Sacramento, Bakersfield, Stockton, Oakland, San Francisco, Fremont, Clovis, Sunnyvale, Patterson, Modesto, Salinas, Palmdale, Lancaster, Los Angeles, Ventura, Santa Monica, San Bernardino, Riverside, Corona, Santa Ana, Orange, Irvine, Anaheim, Huntington Beach, Long Beach, Brea, Ventura, Santa Barbara, Monterey, Corona, Palm Springs, Indio, Temecula, Murrieta, San Diego, Chula Vista, Oceanside, Escondido, Vista, La Mesa, Santee, Santa Maria, Santa Clarita, San Clemente, Laguna, Aliso Viejo, Mission viejo, Rancho, Santa Margarita, Rancho Cucamonga, and more.

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 loans, FHA Jumbo, FHA Jumbo Purchase, FHA Jumbo Refinance, FHA Jumbo Streamline Refinance, FHA High Balance, and FHA mortgages of all types. Visit us at www.vandykfunding.com to get started or just find out more

FHA loans - helping homeowners where conventional loans leave off

VA Condo Loans -VA Loans to buy or refinance Condominiums

VanDyk Mortgage VA Condo Loans -VA Loans to buy or refinance Condominiums / Condo's.

VanDyk Mortgage is a VA Lender offering VA Loans to purchase or refinance Condominiums. The tightening credit market of the past couple years has wrought havoc on Condominiums as Conventional Agencies Fannie Mae & Freddie Mac have added many restrictions on Condos, both in the way of reduced eligibility and also increased rates for Condo's. FHA also recently changed it's rules for Condominium eligibility as well, making it even harder for Sellers and Listing Agents to sell Condo's.

In comes the VA to the rescue. To qualify for a VanDyk VA Condo Loan, the condo must be on the VA Approved Condo list, which includes many existing complexes. You can search for VA Approved Condos yourself or rely on us. The hard part is the Condo Association name may not appear in the VA Site, forcing us to use the homes Legal description to determine the VA Condo Eligibility. Simply call us so we can help research the Condo's Eligibility for a VA Loan.

VanDyk Mortgage offers VA financing on Condos with VA Loans up to $417,000 and we also offer VA Jumbo Loans for Condo's (up to theCounty VA Loan Limits). This includes Purchase, Refinance, and the popular VA IRRRL, or VA Streamline Refinance.

VanDyk does not require the seller to hold the property for 90 days like many other lenders. If the seller of record on the day of the purchase agreement matches, that fits within our rules. Another name for this is the Flip Rule, where many banks require a seller to be on Title for 90 days minimum, we only require 1 day.

We offer VA Loans for Condo's in California & Washington state. Condo's in cities like San Francisco, Oakland, Los Angeles, San Diego, San Jose, Seattle, Bellevue, Ventura, and Irvine can qualify for VA Condo Loans.

VA Flip Rules for California and Washington VA Loans

VA flip rules for California and Washington VA Loans

We just posted an article on our other VA Blog that covers our Owner Seasoning Rules AKA VA Flip Rule. VanDyk Mortgage only requires sellers to be on Title (owner of record) for one day prior to selling the home again. This is important, as many homes are bought direct from the big banks in bulk by Investors who fix up the homes and put them on the market for resale.

Many VA Lenders require a waiting period before the Home Can Qualify for a new VA Loan in this scenario. VanDyk Mortgage has no waiting period for a va loan after the prior sale.

We offer these on VA Condo's as well as using VA Loans and VA Jumbo Loans to purchase a single family home. We serve California, Washington, San Diego, Riverside, Temecula, Murrieta, Irvine, Los Angeles, Ventura, San Jose, San Francisco, Seattle, bellevue, redmond, and all parts in between for VA Loans.

VA Loans offer benefits to all Vets, not just First Time Home Buyers

VA Loans offer benefits to all Vets, not just for First Time Homebuyers. With increased VA Loan limits and enhanced VA refinance options, VA Home Loans offer current Veteran Homeowners two opportunities:

Veterans looking to purchase a new home (ie move up VA buyer) can now take advantage of much higher VA Loan limits to purchase their primary home. We will discuss VA Loan limits further in this article.

Refinance your Non-VA Loan into a safe, fixed rate VA loan (with no mortgage insurance, and up to 90% of your homes value, and this amount can include cash out).

Veteran Homebuyers in the greater Seattle-Tacoma-Everett area can borrow up to $481,250 with our VA Jumbo Loans. Vets in Los Angeles and Orange Counties can qualify for 100% VA Financing up to $593,750. San Diego Vets can go up to $437,500, while much of the Bay Area has a much higher VA Loan limit of $962,500 (San Francisco, San Jose, Oakland, Fremont, Santa Clara, Pleasanton, Sunnyvale, etc). We are a Direct VA Lender offering VA Home Loans and VA Jumbo Home Loans in every state we service. Check your counties VA Loan limits on our main site, www.vandykfunding.com. We have been making VA Loans since 1987, go with the VA Loan Pros at VanDyk Mortgage.

Check out some of our other articles on VA Loans.

WA Loan Limits for 2010 Conventional Loans

2010 Washington FNMA & FHLMC - WA 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 require a minimum of 10% down payment (or equity in a refinance) and a maximum debt ratio of 45%.

We also posted updates regarding the 2010 Washington FHA loan limits here

We offer Conforming Jumbo Loans for Single Family Homes up to $567,500 in King, Snohomish, and Pierce Counties. Up to $593,750 in San Juan County, and $475,000 in Kitsap County.

Check out the Loan limits for 2010 in your County:

County Name Single Family Duplex Tri-plex Four-plex


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ADAMS $417,000 $533,850 $645,300 $801,950

NON-METRO


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ASOTIN $417,000 $533,850 $645,300 $801,950

LEWISTON, ID-WA (MSA)


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BENTON $417,000 $533,850 $645,300 $801,950

KENNEWICK-RICHLAND-PASCO, WA (MSA)


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CHELAN $417,000 $533,850 $645,300 $801,950

WENATCHEE, WA (MSA)


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CLALLAM $417,000 $533,850 $645,300 $801,950

PORT ANGELES, WA (MICRO)


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CLARK $418,750 $536,050 $648,000 $805,300
PORTLAND-VANCOUVER-BEAVERTON, OR-WA (MSA)


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COLUMBIA $417,000 $533,850 $645,300 $801,950

NON-METRO


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COWLITZ $417,000 $533,850 $645,300 $801,950

LONGVIEW, WA (MSA)


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DOUGLAS $417,000 $533,850 $645,300 $801,950
WENATCHEE, WA (MSA)


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FERRY $417,000 $533,850 $645,300 $801,950
NON-METRO


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FRANKLIN $417,000 $533,850 $645,300 $801,950
KENNEWICK-RICHLAND-PASCO, WA (MSA)


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GARFIELD $417,000 $533,850 $645,300 $801,950
NON-METRO


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GRANT $417,000 $533,850 $645,300 $801,950
MOSES LAKE, WA (MICRO)


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GRAYS HARBOR $417,000 $533,850 $645,300 $801,950
ABERDEEN, WA (MICRO)


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ISLAND $417,000 $533,850 $645,300 $801,950
OAK HARBOR, WA (MICRO)


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JEFFERSON $437,500 $560,050 $677,000 $841,350
NON-METRO


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KING $567,500 $726,500 $878,150 $1,091,350
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION


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KITSAP $475,000 $608,100 $735,050 $913,450
BREMERTON-SILVERDALE, WA (MSA)


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KITTITAS $417,000 $533,850 $645,300 $801,950
ELLENSBURG, WA (MICRO)


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KLICKITAT $417,000 $533,850 $645,300 $801,950
NON-METRO


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LEWIS $417,000 $533,850 $645,300 $801,950

CENTRALIA, WA (MICRO)


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LINCOLN $417,000 $533,850 $645,300 $801,950
NON-METRO


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MASON $417,000 $533,850 $645,300 $801,950

SHELTON, WA (MICRO)


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OKANOGAN $417,000 $533,850 $645,300 $801,950
NON-METRO


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PACIFIC $417,000 $533,850 $645,300 $801,950
NON-METRO


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PEND OREILLE $417,000 $533,850 $645,300 $801,950
NON-METRO


--------------------------------------------------------------------------------

PIERCE $567,500 $726,500 $878,150 $1,091,350
TACOMA, WA METROPOLITAN DIVISION


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SAN JUAN $593,750 $760,100 $918,800 $1,141,850
NON-METRO


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SKAGIT $417,000 $533,850 $645,300 $801,950
MOUNT VERNON-ANACORTES, WA (MSA)


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SKAMANIA $418,750 $536,050 $648,000 $805,300
PORTLAND-VANCOUVER-BEAVERTON, OR-WA (MSA)


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SNOHOMISH $567,500 $726,500 $878,150 $1,091,350
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION


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SPOKANE $417,000 $533,850 $645,300 $801,950
SPOKANE, WA (MSA)


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STEVENS $417,000 $533,850 $645,300 $801,950


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THURSTON $417,000 $533,850 $645,300 $801,950

OLYMPIA, WA (MSA)


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WAHKIAKUM $417,000 $533,850 $645,300 $801,950
NON-METRO


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WALLA WALLA $417,000 $533,850 $645,300 $801,950
WALLA WALLA, WA (MICRO)


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WHATCOM $417,000 $533,850 $645,300 $801,950
BELLINGHAM, WA (MSA)


--------------------------------------------------------------------------------

WHITMAN $417,000 $533,850 $645,300 $801,950
PULLMAN, WA (MICRO)


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YAKIMA $417,000 $533,850 $645,300 $801,950
YAKIMA, WA (MSA)


VanDyk is proud to be a FHA Full Eagle Direct Endorsement Lender. What is that? We are a FHA Direct lender with the full support of HUD, the US Department of Housing & Urban Development. We offer FHA loans in all areas of Washington State for Purchase, Refinance, cash-out refinance or FHA Streamline. We also specialize in FHA Jumbo Loans, as available up to your County limit for FHA Loans.

We serve the entire state of Washington including: Seattle, Bellevue, Kirkland, Redmond, Issaquah, Sammamish, Woodinville, Auburn, Kent, Federal Way, Black Diamond, Des Moines, Snohomish, Carnation, North Bend, Mill Creek, Bothell, Kenmore, Shoreline, Ballinger,San Juan, Edmonds, Maple valley, Sahallee, Snoqualmie, Monroe, Everett, Mukilteo, SilverLake, Edmonds, Marysville, Mount vernon, bellingham, Sehome, Lynden, Blaine, Burlington, Sedro Wooley, Everson, Whidbey Island, Camano Island, Port Orchard, Bremerton, Kitsap, Silverdale, Renton, Newcastle, Newport, Tukwila, SeaTac, Tacoma, Puyallup, Roy, Bonney Lake, Sumner, Olympia, Tumwater, Spokane, Spokane Valley, newport, Yakima, Ellensburg, Kennewick, Richland, Pasco, Sunnyside, Prosser, vancouver, Kelso, Clarkston, Pullman and everything in between!

WA FHA Loan Limits for 2010

VanDyk is proud to be a FHA Full Eagle Direct Endorsement Lender. What is that? We are a FHA Direct lender with the full support of HUD, the US Department of Housing & Urban Development. We offer FHA loans in all areas of Washington State for Purchase, Refinance, cash-out refinance or FHA Streamline. We also specialize in FHA Jumbo Loans, as available up to your County limit for FHA Loans.'

We offer FHA Loans for Single Family Homes up to $567,500 in the higher cost areas of King, Snohomish, and Pierce Counties including Seattle, Bellevue, Kirkland, Redmond, Woodinville, Everett, Mill creek, Edmonds, Federal Way, Puyallup, Des Moines, Gig Harbor, Tacoma, Fife, Auburn, Kent, Shoreline, Sammamish, North Bend, Carnations, Marysville, Mukilteo, and more. Up to $593,750 in San Juan County, and $475,000 in Kitsap County including Silverdale, Bremerton, etc. We lend in the entire state of Washington.

FHA Loans require just 3.5% down payment for the purchase of your new home. FHA Loans are available to First Time Homebuyers and Move up or subsequent purchase home buyers as well.

Check out the FHA Loan limits for 2010 in your County:

County Name Single Family Duplex Tri-plex Four-plex


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ADAMS $271,050 $347,000 $419,425 $521,250
NON-METRO


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ASOTIN $271,050 $347,000 $419,425 $521,250
LEWISTON, ID-WA (MSA)


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BENTON $275,000 $352,050 $425,550 $528,850
KENNEWICK-RICHLAND-PASCO, WA (MSA)


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CHELAN $342,700 $438,700 $530,300 $659,050
WENATCHEE, WA (MSA)


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CLALLAM $383,750 $491,250 $593,800 $738,000
PORT ANGELES, WA (MICRO)


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CLARK $418,750 $536,050 $648,000 $805,300
PORTLAND-VANCOUVER-BEAVERTON, OR-WA (MSA)


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COLUMBIA $271,050 $347,000 $419,425 $521,250
NON-METRO


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COWLITZ $271,050 $347,000 $419,425 $521,250
LONGVIEW, WA (MSA)


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DOUGLAS $342,700 $438,700 $530,300 $659,050
WENATCHEE, WA (MSA)


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FERRY $271,050 $347,000 $419,425 $521,250
NON-METRO


--------------------------------------------------------------------------------

FRANKLIN $275,000 $352,050 $425,550 $528,850
KENNEWICK-RICHLAND-PASCO, WA (MSA)


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GARFIELD $271,050 $347,000 $419,425 $521,250
NON-METRO


--------------------------------------------------------------------------------

GRANT $271,050 $347,000 $419,425 $521,250
MOSES LAKE, WA (MICRO)


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GRAYS HARBOR $271,050 $347,000 $419,425 $521,250
ABERDEEN, WA (MICRO)


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ISLAND $381,250 $488,050 $589,950 $733,150
OAK HARBOR, WA (MICRO)


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JEFFERSON $437,500 $560,050 $677,000 $841,350
NON-METRO


--------------------------------------------------------------------------------

KING $567,500 $726,500 $878,150 $1,091,350
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION


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KITSAP $475,000 $608,100 $735,050 $913,450
BREMERTON-SILVERDALE, WA (MSA)


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KITTITAS $328,750 $420,850 $508,700 $632,200
ELLENSBURG, WA (MICRO)


--------------------------------------------------------------------------------

KLICKITAT $271,050 $347,000 $419,425 $521,250
NON-METRO


--------------------------------------------------------------------------------

LEWIS $271,050 $347,000 $419,425 $521,250
CENTRALIA, WA (MICRO)


--------------------------------------------------------------------------------

LINCOLN $271,050 $347,000 $419,425 $521,250
NON-METRO


--------------------------------------------------------------------------------

MASON $310,000 $396,850 $479,700 $596,150
SHELTON, WA (MICRO)


--------------------------------------------------------------------------------

OKANOGAN $271,050 $347,000 $419,425 $521,250
NON-METRO


--------------------------------------------------------------------------------

PACIFIC $271,050 $347,000 $419,425 $521,250
NON-METRO


--------------------------------------------------------------------------------

PEND OREILLE $271,050 $347,000 $419,425 $521,250
NON-METRO


--------------------------------------------------------------------------------

PIERCE $567,500 $726,500 $878,150 $1,091,350
TACOMA, WA METROPOLITAN DIVISION


--------------------------------------------------------------------------------

SAN JUAN $593,750 $760,100 $918,800 $1,141,850
NON-METRO


--------------------------------------------------------------------------------

SKAGIT $373,750 $478,450 $578,350 $718,750
MOUNT VERNON-ANACORTES, WA (MSA)


--------------------------------------------------------------------------------

SKAMANIA $418,750 $536,050 $648,000 $805,300
PORTLAND-VANCOUVER-BEAVERTON, OR-WA (MSA)


--------------------------------------------------------------------------------

SNOHOMISH $567,500 $726,500 $878,150 $1,091,350
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION


--------------------------------------------------------------------------------

SPOKANE $271,050 $347,000 $419,425 $521,250
SPOKANE, WA (MSA)


--------------------------------------------------------------------------------

STEVENS $271,050 $347,000 $419,425 $521,250
NON-METRO


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THURSTON $361,250 $462,450 $559,000 $694,700
OLYMPIA, WA (MSA)


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WAHKIAKUM $271,050 $347,000 $419,425 $521,250
NON-METRO


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WALLA WALLA $271,050 $347,000 $419,425 $521,250
WALLA WALLA, WA (MICRO)


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WHATCOM $375,000 $480,050 $580,300 $721,150
BELLINGHAM, WA (MSA)


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WHITMAN $271,050 $347,000 $419,425 $521,250
PULLMAN, WA (MICRO)


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YAKIMA $271,050 $347,000 $419,425 $521,250
YAKIMA, WA (MSA)

Please click here to see even more FHA loan information or VA loan information. Or Check out this FHA Direct lender website.

Loan Limits Extended through 2010 by Congress

Loan Limits Extended through 2010 by Congress


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 offers FHA Jumbo, Conventional Jumbo (Fannie & Freddie), and VA Jumbo loans in all areas that we service. The VA Jumbo Loan limits are not official yet, but they are based on the GSE Loan limits approved by this bill, so we anticipate no changes to VA limits.


The extended 2009/2010 FHA/Fannie Mae/Freddie Mac loan limits retain the high end at $729,750 in higher cost counties such as Los Angeles, Santa Clara, San Francisco, Orange County, Bay Area cities, and more. San Diego County remains at a max 2009 FHA Loan Limit of $697,500 for a single family residence.



The extended 2009/2010 VA loan limits retain the high end at $737,500 in higher cost counties such as Los Angeles and Orange County, $1,094,625 in San Francisco, San Mateo, Marin, Alameda, & Contra Costa Counties, $937,500 in San Benito & Santa Clara counties, $805,000 in Santa Cruz county, and more. San Diego County remains at a max VA Loan Limit of $593,750 for a single family residence for 2010. Here is a post on the 2009 VA limits that may be helpful.

We are very excited about these enhanced possibilities for our Veterans & Active Duty Personnel. Please call Brian Skaar at 760-752-4480 or visit us online at www.vandykfunding.com to find out more. VanDyk Mortgage is a VA Direct Lender (since 1987). We are the VA Experts. We offer VA loans accross America including: California, Washington, Arizona, Texas, Florida, Georgia, & more.

The Home Ownership Accelerator is back

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 homeowners the power to utilize interest saving techniques used in Australia & much of Europe to pay off their Home Mortgage Early without paying any extra money each month. The Program has helped thousands of US homeowners speed up their loan payoff by years while maintaining their current lifestyle and no reduction in available spending money.

The program was a victim of the credit crunch and was halted in the summer of 2008, as Secondary loan markets were cut off for non vanilla loan types. These are not risky loans. In fact, when paired with Responsible Homeowners with financial discipline, these are a fantastic wealth builder. Unfortunately, the emotions of Wall Street froze the product for most of 2008 & 2009.

We are proud to announce that the Home Ownership Accelerator is back, and VanDyk Mortgage has been chosen to be an exclusive Lender Partner for the re-introduction of the Home Ownership Accelerator program. This product won't be available to all Lenders and Brokerages this time around. VanDyk Mortgage was selected as an exclusing partner for the HOA due to our strong track record in origination of quality loans properly matched to clients for the best fit, affordability, and sustainability.

If you would like to find out if the HOA or Home Ownership Accelerator is right for you, or would like to get started on your HOA, send an email to us at HOA@vandykfunding.com or call Brian Skaar at 760-752-4480.

New Loan Limits for 2009 released

Fannie Mae & Freddie Mac have new loan limits for 2009, as released today. The standard conventional loan limit remains at $417K accross the USA. High Cost Areas have new limits based on the new formula in the 2008 housing bill passed in July.

We expect to see some updates to the current Fannie Mae & Freddie Mac guidelines for loans that exceed the standard limit of $417K which will keep these larger sized loans affordable & attainable. We will keep you posted as we hear updates.

We also expect to see updates soon from HUD regarding the 2009 FHA loan limits, extension of the FHA Secure loan program, and updated guidelines on Hope for Homeowners.

Here are some highlights of the new loan limits:
Alpine County, CA $463,450
Bellevue, WA $506,000
Carlsbad, CA $546,250
Chula Vista, CA $546,250
Escondido, CA $546,250
Everett, WA $506,000
Greene County, GA $515,200
Key West, FL $529,000
Kirkland, WA $506,000
Long Beach, CA $625,500
Los Angeles, CA $625,500
Lynnwood, WA $506,000
Mono County, CA $529,000
Napa, CA $592,250
Naples, FL $448,500
Oakland, CA $625,500
Oceanside, CA $546,250
Orange County, CA $625,500
Petaluma, CA $520,950
Pierce County, WA $506,000
Riverside, CA $417,000
Sacramento, CA $474,950
Salinas, CA $483,000
San Diego, CA $546,250
San Francisco, CA $625,500
San Jose, CA $625,500
San Juan County, WA $483,000
San Luis Obispo, CA $561,200
San Marcos, CA $546,250
Santa Barbara, CA $603,750
Santa Cruz, CA $625,500
Santa Rosa, CA $520,950
Seattle, WA $506,000
Snohomish County, WA $506,000
Tacoma, WA $506,000
Truckee, CA $477,250
Ventura, CA $598,000

Access the 2009 High cost area loan limits here PDF: 2009 Loan Limits


We believe that these loan limits are ample enough to help out millions of Americans Purchase new homes and Refinance their homes into safe affordable fixed rate loans.

VanDyk Mortgage is a Nationwide Direct Lender. Visit us on the web at www.vandykfunding.com.

FHA changes help Homeowners to buy REOs / Bank Owned Homes

HUD has recently made changes allowing homeowners to qualify for FHA loans when buying homes that have been foreclosed, returned to lender (deed in lieu of foreclosure), AKA REO properties. REO stands for Real Estate Owned, which are essentially Bank Owned Repos.

Outdated regulations from HUD to prohibit property flipping and false price appreciation made it difficult for banks to sell recently foreclosed properties due to a HUD rule which prohibited the use of a FHA loan to purchase a home that had not been owned by the seller for atleast 90 days.

This has now been lifted until June 2009.

This will allow homeowners to qualify for Safe, Secure, & Affordable FHA loans to purchase the numerous bargain priced REO or Bank Owned properties coming to market.

We are here to help.

We can help you get the home of your dreams with a Safe, Secure, Affordable FHA loan. Call us at 866-900-2342 toll free to get details and achieve your dream of owning a beautiful new home. VanDyk Mortgage is a Full Eagle Direct Endorsement FHA Direct Lender. We have over 20 years in business Lending FHA loans direct to consumers. Call the experts.

We serve the following areas for FHA and Conventional loans: 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, 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.

New Loan Limits released

HUD has finalized the new 2008 loan limits for FHA, FNMA & FHLMC 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 limits for your area here: 2008 Loan Limits .

FNMA & FHLMC, AKA Fannie Mae & Freddie Mac, are both GSE's or Government Sponsored Enterprises that purchase loans made by Mortgage Banks that meet their criteria. The new loan limits for Fannie & Freddie rose from $417K up to $729,750 as well in many areas, depending on Geographic area based on housing prices. Many areas did experience a significant increase in this amount, even if it didn't go to the max ceiling. For instance, Seattle homes can now qualify up to $569,500, and San Diego homes now qualify up to $697,500.

Please do not hesitate to call us to find out if the new loan limits can help your financial plans.
Our toll free number is 866-900-2342.

You may also apply online to get your home loan quote at http://www.vandykfunding.com/ , simply click on the Loan Application button at the top of the page.