5555Sacramento VA , FHA and Conventional Home Mortgage Loans – Direct Lender – VA Lender – FHA Lender
VanDyk Mortgage is your source for VA Loans and FHA Loans in Sacramento. We have been making FHA, VA, Conforming, and Jumbo loans since 1987. VanDyk Mortgage is a Direct Lender. We offer many loan programs for Sacramento Home buyers and Sacramento 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
Sacramento FHA Loans are available up to $474,950 with just 3.5% down payment. The FHA 2015 Loan Limit for Sacramento is $474,950. Sacramento FHA Loans that are over $417K up to $474,950 are called FHA Jumbo or FHA High Balance loans.
Sacramento VA Loans are available up to $474,950 with NO down payment required. The Sacramento VA Loan Limit in 2015 is $474,950. However, Veterans are not limited to the Sacramento Loan limit of $474,950 for VA Jumbo Loans. We offer VA Jumbo Loans up to $1.5 Million with the appropriate down payment 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. We offer VA financing on VA Approved Condo’s. Here is a link to the new Veterans Administration VA Approved Condo Search Engine. Please call us if you have questions or need help with your VA Approved Condo search, we are here to help.
Sacramento Conforming Loans are available up to $474,950. The Sacramento Conforming Jumbo Loans (aka Conforming High Balance, those over $417,000 and up to $474,950) require a minimum of 10% down payment or equity.
Sacramento Home Loan information
FHA Home loans in Sacramento, California:
- FHA Home Loans require just 3.5% downpayment
- FHA Jumbo Loans up to $474,950 (aka FHA High Balance)
- The Seller can pay up to 6% of your closing and settlement costs.
- Minimum score for a FHA Home Loan is just 620
- You can receive a gift of funds for your Down payment 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.
- We offer FHA 203K rehabilitation Loans to rehab your new property, or current home.
- FHA Loans can be used for Purchase and Refinance of 2, 3 or 4 Unit properties
VA Home Loans in Sacramento, California:
- Active Duty Military and Veterans can both qualify
- 100% financing up to $474,950
- A $525K Sacramento Home Purchase would only require $12,513 down payment (2.383%)
- A $750K Sacramento Home purchase would require just $68,763 down (9.168%)
- 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 for purchase and Refinance of 2, 3 or 4 Unit properties
Conforming Home Loans in Sacramento, California:
- Sacramento Conforming loans available up to $417,000
- Conforming loan available with 3% down payment on loan amounts up to $417,000
- Available up to $474,950 with the Conforming High Balance (aka conforming Jumbo)
- Require a minimum of 3% down payment or up to 97% LTV up to $417K
- Allow for condominiums, Second Homes, and investment properties
- Financing available for 2, 3 or 4-unit 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 760-752-4480 direct, ask for Brian Skaar to see if this is the right loan for you. >>> Get Started Here online <<<
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. >>> Get Started Here online <<< or call Brian Skaar at 760-752-4480 for help with your FHA or VA loan. We offer FHA, FHA Jumbo, FHA Manual Underwrite, FHA Rehab 203K, VA, VA Jumbo, Conforming & Jumbo Loans.We serve the following areas for VA, FHA and Conventional loans: California,Southern California, San Diego, Sacramento, Elk Grove, Citrus Heights, Galt, Folsom, Encinitas, San Marcos, Oceanside, Vista, Escondido, Fallbrook, Bonsall, San Diego, Rancho Bernardo, Poway, Encinitas, Carmel Valley, Scripps Ranch, Tierra Santa, El Cajon, La Jolla, Chula Vista, National City, San Ysidro, Santee, Eastlake, Ramona, Temecula, Murrieta, and Valley Center. 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).
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.