San Francisco VA Condo Loans -VA Loans to buy or refinance Condo's and Condominiums in San Francisco
VanDyk Mortgage is a VA Lender offering VA Loans to purchase or refinance Condominiums in San Francisco. 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 San Francisco 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 Condos with VA Loans up to $484,350 and we also offer VA Jumbo Loans for Condo's up to $726,525. (up to the County VA Loan Limits). VA Jumbo Loans are available up to $726,525 with zero down payment required for SF Veterans. This includes Purchase, Refinance, and the popular VA IRRRL, or VA Streamline Refinance.
VA Jumbo Loans are available up to $1.5M with an accompanying down payment or equity required in San Francisco. Here are a couple of examples:
>a $900,000 San Francisco Home Purchase would only require a $43,369 down payment - 4.819%
>A $1.2M San Francisco Home Purchase would only require a $118,369 down payment - 9.864%
With Conventional loans requiring a minimum of 20% down, it is easy to see why qualified SF Vets are choosing VA financing.
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, Sacramento.
>>> Get Started Here on your VA Loan Approval