• 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

Escondido FHA Loans are available up to $697,500 with just 3.5% down payment. The FHA 2011 Loan Limit for Escondido is $697,500. Escondido FHA Loans that are over $417K up to $697,500 are called FHA Jumbo or FHA High Balance loans.

Escondido VA Loans are available up to $477,000 with zero downpayment. The Escondido VA Loan Limit in 2012 is $477,000. However, Veterans are not limited to the Escondido Loan limit of $477,000 for VA 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.

Escondido Conforming Loans are available up to $546,250. The Escondido Conforming Jumbo Loans (aka Conforming High Balance, those over $417,000 and up to $546,250) require a minimum of 10% downpayment or equity.   Conforming Loans up to $417K require just 3% downpayment.

Here are some links to local Escondido information:

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

Escondido Home Loan information

FHA Home loans in Escondido, California:

• FHA Home Loans require just 3.5% downpayment
• FHA Jumbo Loans up to $697,500 (aka FHA High Balance)
• The $697,500 is the base loan amount - the Escondido FHA Loan Limit of $697,500 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 Escondido, California:

• Active Duty Military and Veterans can both qualify
• 100% financing up to $477,000
• A $577K Escondido VA Home Purchase would only require $25k downpayment (4.33%) - 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 Escondido, California:

• Available up to $546,250 with the Conforming High Balance (aka conforming Jumbo)
• Escondido Conforming loans available up to $417,000
• require a minimum of 3% downpayment or up to 97% LTV up to $417K
• 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.

Escondido Zip codes include 92025, 92026,92027, and 92029.   Escondido Area codes include the 760 area code and 442 area code.

Give us a call at 760-752-4480 direct, ask for Brian Skaar to see if this is the right loan for you. Visit us on the web at www.vandykfunding.com

VanDyk Mortgage has been making FHA 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. Visit us at www.vandykfunding.com or 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,  San Marcos,  Oceanside, Fallbrook, Bonsall, San Diego, Rancho Bernardo,Escondido, Encinitas, Carmel Valley, Scripps Ranch, Tierra Santa, El Cajon, La Jolla, Chula Vista, National City, San Ysidro, Santee, Eastlake, Ramona, Temecula, Murrieta, and Valley Center.  We also service San Francisco, San Jose, Los Angeles, and all parts of California & Washington.  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. Visit us at www.vandykfunding.com to get started or just find out more