California Conforming Loans with 3% down payment – 97% conventional financing option

California Conforming Loans with 3% down payment – 97% conventional financing option

VanDyk Mortgage offers Conventional Purchase and Refinance loans up to $417,000 with just a 3% down payment or equity.   Here are some basic details:

California and Washington state are now eligible for our Conventional Fannie Mae Loans up to 97% Loan to Value – Only 3% down payment is required. We do not consider CA or WA declining markets, so we are able to offer these enhance financing options for Conventional loans.

Minimum credit score = 680

Maximum Debt Ratio = 45%

Condo’s OK to 95%!   Info on our 95% conventional loan. The 5% down option allows for lower fico score (to 660) and higher Debt Ratios.

Loan amounts up to $417,000 (that would be a purchase price up to $429,900 with 3% down).

If you don’t have a 720 middle score, or have a slightly higher debt ratio, we can alao help with our FHA Loans. If your purchase price is higher than $429K, FHA Jumbo may be able to help as well.

Give us a call to get started – 760-752-4480. Ask for Brian Skaar.

CA, Direct Lender, Conventional, Conforming, 97, 3 percent, 97 percent, low down


We proudly offer a full array of Government and Conventional loans including FHA, VA, USDA, Conventional, Jumbo, FHA Jumbo, VA Jumbo,VA loans for Condo’s, FHA 203K Rehabilitation Loans, Conventional loans up to 95% ltv, and more.

Serving California Cities: Anaheim, Bakersfield, Chula Vista, Corona, Escondido, Fremont, Fresno, Irvine, Los Angeles, Long Beach, Murrieta,Oakland, Oceanside, Riverside, Sacramento, San Bernardino, San Diego, San Francisco, San Jose, San Marcos, Santa Ana, Temecula, and all in between.

Our Office also serves Washington State, including Auburn, Bellevue, Bellingham, Bremerton, Edmonds, Everett, Federal Way, Kent, Kirkland, Lacey, Olympia, Puyallup, Redmond, Renton, Seattle, Spokane, Tacoma, Vancouver,and the entire state.


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