Orange County

Enhanced Refinance Options for FHA Streamline Refinances

Enhanced Refinance Options for FHA Streamline Refinances Vastly improved Options for FHA Streamline Refinances are coming.   The US Whitehouse announced today that HUD has authorized changes to the FHA Streamline Refinance Program that will help many Homeowners with FHA Loans made prior to June 1, 2009 save hundreds per month. The options for FHA […]

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Orange County VA and VA Jumbo Home Mortgage Loan info – Direct Lender

Orange County VA and VA Jumbo Home Mortgage Loan info – Direct Lender VanDyk Mortgage is your local source for VA Loans and VA Jumbo Loans in Orange County, CA.  We have been making VA loans since 1987.   VanDyk Mortgage is a Direct Lender.  We offer VA Loans, VA Jumbo Loans, VA Condo Loans, VA […]

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2011 VA Loan Limits Extended Through the End of the 2011 Calendar Year

The Department of Veterans Affairs has extended the 2011 VA Loan Limits through the End of the 2011 Calendar Year. The VA has announced that the County Loan Limits for VA Loans will remain unchanged for Oct. 1, 2011- until Dec 31, 2011.   This announcement from the VA alleviates concerns that the end of […]

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A common myth about VA Loans debunked – the VA County Loan Limit

A common myth with VA Loans is that they aren’t relevant or used very often for your area, or the loan amounts are too low for your area or that Lenders are limited to the VA Loan Limit for your County. In the past this was true, but recent changes have altered the picture. We allow you to exceed your VA County Loan Limit with the appropriate amount of downpayment on a VA Jumbo Purchase, or enough equity on a VA Jumbo Refinance. The amount of the downpayment or equity is roughly

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Duplex Financing – 85% Conventional Loan – purchase or refinance a 2- unit with 15% down

conventional financing on Duplexes and 2-units up to 95% loan to value – just 5% down payment required. This is for Owner occupants – you must live in one of the units, but you can rent out the other unit.

Some highlights:

Loan amounts up to $533,850
680 minimum fico score…

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