We'll do Flips for you! part 2: conventional Flips.

We'll do Flips for you! part 2: conventional flips. Our Flip Rules for Conventional Loans - We only require that the seller own the home for 1 day prior to resale.

Our Seller seasoning requirement on our Conventional Loans is one day. One Day. Many lenders require that sellers own a home for 90-180 days before it is eligible for their Conventional Financing through Fannie Mae and Freddie Mac, both examples of Conventional Financing. VanDyk Mortgage does not require a waiting period.

We do not require these waiting periods. Seller Seasoning simply means how long the current owner has owned the property (ie how long on Title). VanDyk Mortgage requires that the seller is the owner of record on the day the contract is signed. Many other lenders have added restrictions that reduce the eligibility for homes that were recently purchased and rehabbed to be sold again within 90 - 180 days. Investors may have purchased the home at a foreclosure auction, or direct from a bank. Many of these homes have been completely rehabilitated, making them a more desirable home to buy - They are Turn key homes.

Our Underwriting Rules can help you avoid the issue of seller seasoning, Flip Rules, and big bank rules that restrict access to quality Conventional Loans. Get started on your New Home loan with the Loan Pros at VanDyk. Visit us at http://www.vandykfunding.com/ to apply online, or call 760-752-4480 and ask for Brian Skaar.

Ask about our FHA Flip program and VA Flip Program as well!

San Diego VA Loans and VA Home Mortgage Loans - VanDyk Mortgage - VA Lender.

San Diego VA Loans and VA Home Mortgage Loans - VanDyk Mortgage - VA Lender.

VanDyk Mortgage is your source for VA Loans in San Diego. We have been making
VA loans since 1987. VanDyk Mortgage is a Direct Lender. We offer many loan programs for San Diego Homebuyers and San Diego Homeowners to Purchase and refinance homes in San Diego.

• VA & VA Jumbo (aka High Balance) for Purchase and Refinance
• VA Purchase Loans up to $1.5M
• VA Jumbo Refinance Loans to $1.5m

San Diego VA Loans are available up to $437,500 with zero downpayment. The San Diego VA Loan Limit in 2010 is $437,500. However, Veterans are not limited to the San Diego Loan limit of $437,500 for VA Loans. 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.

Here are some links to more info on San Diego information, loans for buyers and sellers, etc:

San Diego Home Loan information

VA Home Loans in San Diego, California:

• Active Duty Military and Veterans can both qualify
• 100% financing up to $437,500
• A $500K San Diego Home Purchase would only require $15,625 downpayment (3.13%) - 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 can be used to Purchase and Refinance Condominiums in San Diego. The Approved VA Condo list is quite extensive, please call for details on the Condo you want to purchase or refinance. Check out our article on VA Condo Loans here.

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

Go with the Government Loan Pros, go with VanDyk. Visit us atwww.vandykfunding.com or call Brian Skaar at 760-752-4480 for help with your VA loan.

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.