VA Jumbo Loans available to $1,500,000

VA Jumbo Loans available to $1,500,000

VanDyk Mortgage offers VA Jumbo Loans up to $1,500,000 in all areas that we service. Many VA Jumbo Lenders cap their VA loans at $417,000, or $650,000m and a few at $700k.  We offer VA Jumbo Loans up to the full county limit for your area, and even go above the county limit when there is sufficient down payment and entitlement to reach your minimum 25% guarantee for the loan. Here is another post that covers that subject: The VA 417K myth.

VA Jumbo's are the best way to purchase a Luxury home with less than 20% down payment in many California counties and areas.  In fact, VA Jumbos are the best way to buy a home that is over $417K in most California Counties.   Here is a list of County VA Loan Limits: VA Loan Limits by county - 2012 VA County Loan Limits for California. Call to find out how much downpayment you will need for your home purchase - 760-752-4480 direct,  ask for Brian Skaar.

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 Dir500,000ect 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.

VA Flip Rules for California and Washington VA Loans

We recently posted an article on our other VA Blog that covers our Owner Seasoning Rules AKA VA Flip Rule.  VanDyk Mortgage only requires sellers to be on Title (owner of record) for one day prior to selling the home again. This is important, as many homes are bought direct from the big banks in bulk by Investors who fix up the homes and put them on the market for resale.

Many VA Lenders require a waiting period before the Home Can Qualify for a new VA Loan in this scenario. VanDyk Mortgage has no waiting period for a VA Loan after the prior sale.  We do require that the seller is the owner of record on Title as of the day the new purchase contract is signed.

We offer these on VA Condo's as well as using VA Loans and VA Jumbo Loans to purchase a single family home. We serve California, Washington, San Diego, Riverside, Temecula, Murrieta, Irvine, Los Angeles, Ventura, San Jose, San Francisco, Seattle, bellevue, redmond, and all parts in between for VA Loans.