Oakland VA Condo Loans - VA Loans to buy or refinance Condos and Condominiums in Oakland
VanDyk Mortgage is a VA Lender offering VA Loans to purchase or refinance Condominiums. The tightening credit market of the past few years has made it more difficult to attain financing on Condominiums as Conventional Agencies Fannie Mae & Freddie Mac have added many restrictions on Condos, both in the way of reduced eligibility and increased rates for Condo's. FHA also recently changed its rules for Condominium eligibility as well, making it even harder for Sellers and Listing Agents to sell Condos.
In comes the VA to the rescue for Oakland Condo Buyers and Condo homeowners. 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.
VanDyk Mortgage offers VA financing on Oakland Condos with VA Loans and VA Jumbo Loans up to $2M for qualified Veterans with full VA Entitlement available.
We also offer VA loans and VA Jumbo Loans for Oakland Condos up to $2M for qualified Veterans with partial VA Entitlement* available with a down payment.
Calculations for the required down payment will be specific to your situation. It's a factor of the Alameda County VA Loan Limit, your remaining VA Entitlement, and the purchase price of the home. The VA loan limit is $970,800 in many of the Bay Area counties, $970K in LA and the OC, $879K in San Diego, and up to $891K in Seattle). This includes Purchase, Refinance, and the popular VA IRRRL, or VA Streamline Refinance. *** We allow VA IRRRL's to exceed County Loan Limits without recalculating remaining VA Entitlement or VA Loan Limits.
- 100% VA financing up to $2 Million for qualified Veterans with Full VA Entitlement
We make VA Loans up to $2M for qualified Veterans with partial VA Entitlement available with the corresponding down payment or equity as outlined above. Call for details on your situation.
We offer VA Loans for Condo's throughout California & Washington state, and our entire lending area. Condos in cities like San Francisco, Oakland, Fremont, Los Angeles, Long Beach, San Diego, San Jose, Seattle, Tacoma, Bellevue, Oceanside, Santa Monica, Coronado, and Irvine can qualify for VA Condo Loans.
>>> Get Started Here on your VA Loan Approval