Saturday, February 27, 2010

True Jumbo Loans up to $2.5M in California & Washington

VanDyk Mortgage offers our new enhanced Jumbo Loan Programs. We call it our Premier Jumbo Line. We offer True Jumbo Loans up to $2.5M in California & Washington. These are also called Non-conforming or Non-conforming jumbo loans.

Here are the basics:

> Available in 3yr ARM, 5 yr ARM, or 7 yr ARM (+ 15 yr fixed & 30 year fixed rates).

> Principal & Interest or Interest Only (10 yr period)

> Loan to Value ratios up to 80% (no reduction for Declining Markets such as California)

> Loan amounts up to $2.5 million

> Competitive Jumbo rates, unlike most Jumbo programs that are well over 8-9%, these are typically under 6.25% and sometimes even lower.

> Full Income & Asset Documentation is required.

We can beat virtually all major banks on loans over $417,00. You won't find this loan at Bank Of America, Chase, Citi, Wells Fargo, or Suntrust. You can only find it at VanDyk Mortgage.

Get out of your Option ARM or Adjustable Rate Jumbo Loan before the index rises back up or your payment recasts into fully amortized (usually after 5 years).

VanDyk Mortgage - Call Brian Skaar - 760-752-4480 or online at

VanDyk Mortgage is Direct Lender and Broker offering Conventional, FHA, VA, Jumbo, FHA Jumbo, VA Jumbo, and USDA Home Loans. We serve California and Washington from our office.