Auburn WA - VA Loans and FHA Home Mortgage Loans - VanDyk Mortgage - Washington VA Lender & FHA Lender
VanDyk Mortgage is your source for VA Loans and FHA Loans in Auburn. We have been making FHA, VA, Conforming, and Jumbo loans since 1987. VanDyk Mortgage is a Direct Lender. We offer many loan programs for Auburn Homebuyers and King County 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
Auburn FHA Loans are available up to $567,500 with just 3.5% down payment. The FHA 2011 Loan Limit for Auburn is $567,500. Auburn FHA Loans that are over $417K up to $567,500 are called FHA Jumbo or FHA High Balance loans.
Auburn VA Loans are available up to $500K with zero down payment required. The Auburn VA Loan Limit in 2011 is $500,000, However, Veterans are not limited to the King County Loan limit of $500K for our VA Loans in Auburn. We also offer VA Jumbo Loans up to $1.5 Million with the appropriate downpayment 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.
Auburn Conforming Loans are available up to $567,500. The Auburn Conforming Jumbo Loans (aka Conforming High Balance,those over $417,000 and up to $567,500) require a minimum of 10% downpayment or equity.
Auburn Home Loan information
FHA Home loans in Auburn, Washington:
- FHA Home Loans require just 3.5% downpayment
- FHA Jumbo Loans up to $567,500 (aka FHA High Balance)
- The $567,500 is the base loan amount - the Auburn FHA Loan Limit of $567,500 does not have to include the UFMIP (FHA's Upfront Mortgage Insurance Premium, which is usually financed into your loan amount)
- Auburn home buyers can purchase up to a $588K home with 3.5% down.
- The Seller can pay up to 3% of your closing and settlement costs.
- Minimum score for a FHA Home Loan is just 620, even on FHA High balance or FHA Jumbo.
- You can receive a gift of funds for your Downpayment 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.
VA Home Loans in Auburn, Washington:
- Active Duty Military and Veterans can both qualify
- 100% financing up to $500K
- A $600k Auburn VA Home Purchase would only require a $25K down payment (4.16%) - not including the VA Funding Fee
- A $700k Auburn VA Home Purchase would only require $50K downpayment (7.14%) - not including the VA Funding Fee
- ~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 for condos are available up to $500k with zero down
Conforming Home Loans in Auburn, Washington:
- Available up to $567,500 with the Conforming High Balance (aka conforming Jumbo)
- Auburn Conforming loans available up to $417,000
- require a minimum of 5% downpayment or up to 95% LTV
- Allow for condominiums, Second Homes, and investment 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 866-900-2342 direct, ask for Brian Skaar to see if this is the right loan for you. Visit us on the web at
www.vandykfunding.com
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. Visit us at
www.vandykfunding.com or call Brian Skaar direct at 866-900-2342 for help with your FHA or VA loan. We offer
FHA,
FHA Jumbo,
VA, VA Jumbo, Conforming &
Jumbo Loans. 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).
In addition to Auburn, WA, we service the entire state of
Washington, including
Spokane, Spokane Valley, Mead, Newport, Liberty Lake, Newman Lake, Airway Heights, Deerpark,
Seattle,
Tacoma,
Everett, Puyallup, Kent, Auburn,
Bellevue, Federal Way, Kirkland, Redmond, Woodinville, Snohomish, Marysville, Lake Stevens, Mukilteo, Lynnwood, Montlake Terrace, Edmonds, Des Moines, Renton, Issaquah, North Bend, Monroe, Olympia, Lacey, Bremerton, Tumwater, Port Orchard, and Vancouver.
In addition to Washington State, we service the entire state of
California, including Redding, Sacramento, Bakersfield, Stockton, Oakland, San Francisco, Fremont, Clovis, Sunnyvale, Patterson, Modesto, Salinas, Palmdale, Lancaster, Los Angeles, Ventura, Santa Monica, San Bernardino,
Riverside, Corona, Santa Ana, Orange, Irvine, Anaheim, Huntington Beach, Long Beach, Brea, Ventura, Santa Barbara, Monterey, Corona, Palm Springs, Indio, Temecula, Murrieta, San Diego, Chula Vista, Oceanside, Escondido, Vista, La Mesa, Santee, Santa Maria, Santa Clarita, San Clemente, Laguna, Aliso Viejo, Mission viejo, Rancho, Santa Margarita, Rancho Cucamonga, and more.
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. Visit us at
www.vandykfunding.com to get started or just find out more
