2010 high cost Loan Limit extension helps VA Loan Limits.
The loan limit extension for 2010 that was approved by congress today for FHA & GSE backed loans (Freddie & Fannie) will also help VA Borrowers in many higher cost areas. VA Limits are based on the approved loan limits for FHA & GSE loans, so we don't expect any changes to VA Loan limits for 2010 based on today's legislation. Here is a post that covers the new 2010 loan limit news & information. VA Loans that are over $417K are often called VA Jumbo Loans, or VA High Balance Loans.
We offer VA Jumbo Loans for Purchase, Refinance, and Cash-out Refinance. 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 203K Streamline Rehab loans, FHA Jumbo, FHA Jumbo Purchase, FHA Jumbo Refinance, FHA Jumbo Streamline Refinance, FHA mortgages of all types. We offer FHA & VA loans in California, Georgia, Texas, Washington, & More. Visit us at http://www.vandykfunding.com/ to get started or just find out more.
