Wednesday, March 10, 2010

FHA Direct lender offers FHA Jumbo loans up to full county loan limit

VanDyk Mortgage is a FHA Direct Lender offering FHA Jumbo loans up to your full County FHA Loan limit for 2010. This may sound strange, but many lenders are limited to a cap of $650K on FHA Loans, regardless of the FHA County Loan Limit. This constraint is due to their warehouse financing (ie, their line of credit for funding mortgage loans). We lend up to the full FHA County Loan limit.

FHA Jumbo Loans are those that are $417,001 (aka the conforming loan limit) and up. In many parts of California FHA Loans are available up to $729,750. This would include Los Angeles, Orange County, Ventura County, San Francisco, Alameda county, Santa Clara, San Jose, San Mateo, and more. San Diego allows FHA loans up to $697,500, and Seattle is capped at $567,500. Be sure to check out our main website for details on FHA Loan Limits: VanDyk offers FHA Jumbo loans for Purchase, Refinance, and Cash out Refinance.

Friday, March 5, 2010

FHA Loan limits for CA & WA - city snapshots

2010 Loan Limits for FHA loans in California and Washington are adding support to the housing markets with purchase prices over $400K and helping those who want to borrow over $417,000 to purchase their new home. The Base FHA Loan Limit remains at $271,050 accross much of the USA. The new Maximum limit for higher cost areas is now $729,750, with many counties accross America falling somewhere in between.

Here are some highlights of the new loan limits: Bellevue, WA $567,500 Carlsbad, CA $697,500 Chula Vista, CA $697,500 Escondido, CA $697,500 Everett, WA $567,500 Greene County, GA $662,500 Key West, FL $729,750 Kirkland, WA $567,500 Long Beach, CA $729,750 Los Angeles, CA $729,750 Lynnwood, WA $567,500 Napa, CA $729,750 Oakland, CA $729,750 Oceanside, CA $697,500 Orange County, CA $729,750 Petaluma, CA $729,750 Pierce County, WA $567,500 Riverside, CA $500,000 Sacramento, CA $580,000 San Diego, CA $567,500 San Francisco, CA $729,750 San Jose, CA $729,750 San Juan County, WA $593,750 San Luis Obispo, CA $687,500 San Marcos, CA $697,500 Santa Barbara, CA $729,750 Santa Cruz, CA $729,750 Santa Rosa, CA $729,750 Seattle, WA $567,500 Snohomish County, WA $567,500 Tacoma, WA $567,500 Truckee, CA $562,500 Ventura, CA $729,750

Don't see your city or county listed? Click here for PDF list of all counties.

VanDyk Mortgage is a FHA Direct Lender serving clients for over 22 years. The FHA Jumbo size loans (those over $417K) are available up to the county loan limit for your area with just 3.5% down payment.

We can help you get the home of your dreams with a Safe, Secure, Affordable FHA loan. Call us at 866-900-2342 toll free to get details and achieve your dream of owning a beautiful new home. VanDyk Mortgage is a Full Eagle Direct Endorsement FHA Direct Lender. We have over 20 years in business Lending FHA loans direct to consumers. Call the experts.

We serve the following areas for FHA and Conventional loans: California, San Diego, San Marcos, Carlsbad, Oceanside, Vista, Escondido, Fallbrook, Bonsall, Riverside, Los Angeles, Orange County, Irvine, Corona, Anaheim, Santa Ana, Seattle, Washington, Bellevue, Kirkland, Redmond, Lynnwood, Olympia, Tacoma, Puyallup, Buckley, Auburn, Kent, Federal Way, Seatac, San Francisco, San Jose, Carson, Gardena, Hawthorne, Lawndale, Inglewood, Ladera Heights, View Park, Windsor Hills, Baldwin Hills, Fox Hills, Culver City, Beverly Hills, Malibu, Santa Monica, Brentwood, Calabasas, Encino, Bel Air Estates, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates, Manhattan Beach, Redondo Beach, Hermosa Beach, Torrance, San Marcos, San Diego, Rancho Bernardo, Carlsbad, Escondido, Poway, Oceanside, Vista, Encinitas, Carmel Valley, Scripps, Tierra Santa, El Cajon, La Jolla, Chula Vista, National City, San Ysidro, Santee, Eastlake, Ramona, Long Beach, Artesia, La Palma, Cerritos, Compton, Lynwood, Bellflower, Temecula, Murrieta, Southern California, Northern California, Washington, Everett, Lynnwood, Tacoma, Kent, Federal Way, Auburn, Renton, Bellevue, Redmond, Kirkland, Whittier, Santa Fe Springs, Downey, Irvine, Newport Beach, Los Angeles, San Bernardino, Riverside and Orange County. VanDyk Mortgage is not only a FHA Lender in California and Washington, but also a VA Lender serving our Veterans and Active-Duty Personnel in California and Washington as well.