Vancouver Conventional Loans with 3% down payment – 97% conventional financing options for the Vancouver WA Area
VanDyk Mortgage offers Conventional Purchase loans up to $417,000 with just a 3% down payment for Vancouver, Washington Homebuyers. Here are some basic details:
Vancouver and Washington state is now eligible for our Conventional Fannie Mae Loans up to 97% Loan to Value – Only 3% down payment is required. We do not consider Vancouver, WA a declining market, 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% conventonal 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 680 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.
We offer the 97% Conventional Loan in the following cities in Washington: Seattle, Bellevue, Tacoma, Everett, Kirkland, Redmond, Vancouver, Olympia, Puyallup, Federal Way, Snohomish, Bellingham, Mount Vernon, Yakima, Richland, Kennewick, Pasco, Sunnyside, Walla Walla, Mead, Ellensburg, Bremerton, Kent, Auburn, Des Moines, Seatac, Renton, Issaquah, North Bend, Woodinville, Bothell, Shoreline, Edmonds, Lynnwood, and all other WA cities and areas.
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