Conventional Condo Financing with 5% down in California

Conventional Condo Financing with 5% down in California - California Condo loans with 95% Conventional Loan

We offer Conventional Loans with 5% down payment to finance Condo's in California 

VanDyk Mortgage offers Conventional Purchase loans for Condominiums up to $417,000 with just a 5% down payment.   

Here are some basic details:

California and Washington state are now eligible for our Conventional Fannie Mae Condo 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 enhance financing options for Conventional loans.

• Minimum credit score = 680
• Maximum Debt Ratio = 41%  
• Loan amounts up to $417,000 (purchase price up to $438K with 5% down).

If you don't have a 680 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.  

Conventional Loans with 5% down payment in California - 95% financing options

Conventional Loans with 5% down payment in California - 95% financing options

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

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 = 660
• Maximum Debt Ratio = 41%  (up to 45% Debt Ratio with a 740+ Fico score)
• 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 660 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 FHA, VA, USDA, Conventional, Jumbo, FHA Jumbo, VA Jumbo,VA loans for Condo's, FHA 203K Rehabilitation Loans, Conventional loans up to 95% ltv, and more.  

Serving California Cities: Anaheim, Bakersfield, Chula Vista, Corona, Escondido, Fremont, Fresno, Irvine, Los Angeles, Long Beach, Murrieta, Oakland, Oceanside,  Riverside, Sacramento, San Bernardino,San Diego, San Francisco, San Jose, San Marcos, Santa Ana, Temecula, 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, Seattle, Spokane, Tacoma, Vancouver,and the entire state.