Corona VA Loans and FHA Home Mortgage Loans - VanDyk Mortgage - California VA Lender & FHA Lender.   VanDyk Mortgage is your source for VA Loans and FHA Loans in Corona.  We have been making FHA, VA, Conforming, and Jumbo loans since 1987. VanDyk Mortgage is a Direct Lender.  We offer many loan programs for Corona Homebuyers and Corona 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

Corona FHA Loans are available up to $500,000 with just 3.5% down payment. The FHA 2011 Loan Limit for Corona is $500,00. Corona FHA Loans that are over $417K up to $500,000 are called FHA Jumbo or FHA High Balance loans.

Corona VA Loans are available up to $417,000 with zero downpayment. The Corona VA Loan Limit in 2011 is $417,000. However, Veterans are not limited to the Riverside County Loan limit of $417,000 for VA Jumbo Loans.   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.

Corona Conforming Loans are available up to $500,000. The Corona Conforming Jumbo Loans (aka Conforming High Balance, those over $417,000 and up to $500,00) require a minimum of 10% downpayment or equity.

Here are some links to local Corona information:

• Corona City Website
• Corona City Directory
• Corona Crime Maps
• Corona Statistics, Demographics, & Info
• Corona Real Estate
• Corona School info
• Corona Wiki

Corona Home Loan information

FHA Home loans in Corona, California:

• FHA Home Loans require just 3.5% downpayment
• FHA Jumbo Loans up to $500,000 (aka FHA High Balance)
• The $500,000 is the base loan amount - the Corona FHA Loan Limit of $500,000 does not have to include the UFMIP (FHA's Upfront Mortgage Insurance Premium, which is usually financed into your loan amount)
• 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 Corona, California:

• Active Duty Military and Veterans can both qualify
• 100% financing up to $417,000
• A $500K Corona Home Purchase would only require $20,750 downpayment (4.15%) - 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

Conforming Home Loans in Corona, California:

• Available up to $500,000 with the Conforming High Balance (aka conforming Jumbo)
• Corona 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.

Corona Zip codes include 92877, 92878, 92879. 92880, 92881, 92882, and 92883.   Corona Area codes include the 951 area code, and to the east is the 442 area code.

VanDyk Mortgage has been making FHA loans and VA 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.  Call Brian Skaar at 760-752-4480 for help with your FHA or VA loan. We offer FHA, FHA Jumbo, FHA Manual Underwrite, FHA Rehab 203K, VA, VA Jumbo, Conforming & Jumbo Loans.We serve the following areas for VA, FHA and Conventional loans: California,Southern California, San Diego, Corona, San Marcos,  Oceanside,  Vista, Escondido, Fallbrook, Bonsall, San Diego, Rancho Bernardo, Poway,Encinitas, Carmel Valley, Scripps Ranch, Tierra Santa, El Cajon, La Jolla, Chula Vista, National City, San Ysidro, Santee, Eastlake, Ramona, Corona, Corona, and Valley Center. 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).

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.