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


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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)


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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


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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


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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


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


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


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


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


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

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


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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


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


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SKAGIT $373,750 $478,450 $578,350 $718,750
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


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

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


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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.