Oceanside VA Condo Loans -VA Loans to buy or refinance Condo's and Condominiums in Oceanside
VanDyk Mortgage is a VA Lender offering VA Loans to purchase or refinance Condominiums in Oceanside, CA. The tightening credit market of the past couple years has made it more difficult to attain financing on on Condominiums as Conventional Agencies Fannie Mae & Freddie Mac have added many restrictions on Condos, both in the way of reduced eligibility and also increased rates for Condo's. FHA also recently changed it's rules for Condominium eligibility as well, making it even harder for Sellers and Listing Agents to sell Condo's.
In comes the VA to the rescue for Condo Buyers and Condo homeowners in Oceanside. To qualify for a VanDyk VA Condo Loan, the condo must be on the VA Approved Condo list, which includes many existing complexes. You can search for VA Approved Condos yourself, or let us assist you,we are here to help. We are also able to help you get Condo HOA's approved for VA financing. Call us for details.
VanDyk Mortgage offers VA financing on Condos with VA Loans up to $453,100 and we also offer VA Jumbo Loans for Condo's up to $649,750 (up to the County VA Loan Limits). This includes Purchase, Refinance, and the popular VA IRRRL, or VA Streamline Refinance.
For a Oceanside VA Condo purchase or refinance for amounts above the Oceanside VA Loan limit of $649,750, the Veteran must make an accompanying down payment of 25% of the difference between the loan limit (assuming full entitlement eligibility for the Veteran). Here are a couple of examples:
- A $749,750 Oceanside VA Home Purchase would only require $25K down payment - 3.672%
- A $850K Oceanside VA Home Purchase would only require $50,088 down payment - 5.89%
We offer VA Loans for Condo's throughout California & Washington state. VA Loans for Condo's in cities such as Bellevue, Fremont, Long Beach, Los Angeles, Monterrey, Oakland, Oceanside, Riverside, San Diego, San Francisco, San Jose, Santa Clara, Santa Monica, Seattle, Tacoma, Torrance, Ventura, Carlsbad, Solana Beach, Encinitas, San Marcos, etc.
>>> Get Started Here on your VA Loan Approval