Conventional Loans – 5% down payment available in California – 95% financing options

Conventional Loans – 5% down payment available in California – 95% financing options

VanDyk Mortgage offers Conventional Purchase loans up to $417,000 with just a 5% down payment.    We also offer Conventional Refinance loans up to 95%.

Here are some basic details:

California and Washington state are now eligible for our Conventional Fannie Mae Loans up to 95% Loan to Value – Only 5% down payment is required.   We do not consider CA a declining market, so we are able to offer these enhanced financing options for Conventional loans.

  • Minimum credit score = 620
  • Maximum Debt Ratio = 45%  
  • Condo’s OK to 95%!

Loan amounts up to $417,000 are eligible  (that would be a purchase price up to $438K with 5% down).

If you don’t have a 620 middle score, or have a slightly higher debt ratio,  we can still help with our FHA Loans.   If your purchase price is higher than $438K, FHA Jumbo may be able to help as well. Give us a call to get started – 760-752-4480.

We proudly offer a full array of loans including FHAVAUSDA, Conventional, Jumbo, FHA JumboVA Jumbo,VA loans for Condo’sFHA 203K Rehabilitation LoansConventional loans up to 95% ltv, and more.

Serving California Cities: AnaheimBakersfieldChula VistaCoronaEscondidoFremontFresnoIrvineLos AngelesLong BeachMurrietaOaklandOceansideRiverside, Sacramento, San Bernardino,San DiegoSan FranciscoSan JoseSan MarcosSanta AnaTemecula, 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, SeattleSpokaneTacoma, Vancouver,and the entire state.

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