Irvine 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 Irvine.   We have been making FHA, VA, Conforming, and Jumbo loans since 1987.  VanDyk Mortgage is a Direct Lender.   We offer many loan programs for Irvine Homebuyers and Irvine 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

Irvine FHA Loans are available up to $729,750 with just 3.5% down payment.  The FHA 2012 Loan Limit for Irvine is $729,750.  Irvine FHA Loans that are over $417K up to $729,750 are called FHA Jumbo or FHA High Balance loans.

Irvine VA Loans are available up to $621K with zero downpayment. The Irvine VA Loan Limit in 2012 is $621,000.  However, Veterans are not limited to the Orange County Loan limit of $621K 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.

Irvine Conforming Loans are available up to $625,500. The Irvine  Conforming Jumbo Loans (aka Conforming High Balance, those over $417,000 and up to $625,500) require a minimum of 10% downpayment or equity.   Conforming loans up to $417K require just 3% downpayment.

Irvine Home Loan information

FHA Home loans in Irvine , California:

• FHA Home Loans require just 3.5% downpayment
• FHA Jumbo Loans up to $729,750 (aka FHA High Balance)
• The $729,750 is the base loan amount - the Irvine FHA Loan Limit of $729,750 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 most FHA Home Loans 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 Irvine , California:

• Active Duty Military and Veterans can both qualify
• 100% financing up to $621,000
• A $721k Irvine Home Purchase would only require $25K downpayment (3.45%) (not including the VA Funding Fee ( for a qualified Veteran)
• 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
• VA Loans are available to purchase or refinance Condominiums.  Here is more information on VA Condo Loans for Irvine

Conforming Home Loans in Irvine , California:

• Available up to $625,500 with the Conforming High Balance (aka conforming Jumbo)
• Irvine Conforming loans available up to $417,000
• require a minimum of 3% downpayment or up to 97% LTV
• Allow for condominiums, Second Homes, and investment properties
• Call for details on Fico score requirements, downpayment requirements, etc

We offer Jumbo Conventional Loans up to $3m - call for details.** 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.

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 866-900-2342 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, Los Angeles, San Diego, San Jose, San Francisco, Santa Monica, Pasadena, Brea, Diamond, Long beach, Huntington beach, Irvine, Costa Mesa, Hollywood, North Hollywood, San Mateo, Ventura, Riverside, Oakland, Fremont, Sunnyvale, Santa maria,Oceanside, Vista, Escondido, Los Angeles, Murrieta, Temecula, Rancho Bernardo, Poway, San Marcos, Carmel, Monterey, Santa Barbara, Santa Cruz, and all areas in between. 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