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A Better Mortgage Process:

We have streamlined the lending process by keeping each loan in-house. You save time — and money.

In addition, because we're backed by VanDyk Mortgage Corporation, one of the largest privately held direct lenders in the country, we are able to offer very competitive rates and low closing costs.

A Better Mortgage Process:

We have streamlined the lending process by keeping each loan in-house. You save time -- and money.
In addition, because we're backed by VanDyk Mortgage Corporation, one of the largest privately held direct lenders in the country, we are able to offer very competitive rates and low closing costs.

Mortgage Loan Process

We offer a variety of residential home loans for both Purchase and Refinance transactions:

  • FHA Purchase & Streamline Refinances
  • VA Purchase and IRRL Refinances
  • USDA 100% Rural Development Loans
  • Jumbo loans up to $3,000,000

We offer a variety of residential home loans for both Purchase and Refinance transactions:

  • FHA Purchase & Streamline Refinances
  • VA Purchase and IRRL Refinances
  • USDA 100% Rural Development Loans
  • Jumbo loans up to $3,000,000
Mortgage Loan Programs

Tools and Resources:    

We offer all the goodies you need to help you choose the
right loan. Payment Calculators, Mortgage Glossary, Real
Estate Newsletters, and free downloads to help you make
educated, well informed, decisions.

Tools and Resources:     

We offer all the goodies you need to help you choose the
right loan. Payment Calculators, Mortgage Glossary, Real
Estate Newsletters, and free downloads to help you make
educated, well informed, decisions.

Mortgage Loan Tools

What people are saying…

Reviews on Zillow
LR-QTZSZVB
"Excellent service, very responsible. Great team, always. Very attentive and very diligent. Smooth process. You don't waste time, all documents are electronic and easy process."
5.0/5.0
by Jose Cornier
"We needed a fast loan commitment and could not afford any delays because our seller was very difficult, and if we couldn’t provide a commitment letter on time..."more
5.0/5.0
by kathi75
"Working with VanDyke is always pleasant and informative. They keep you on the same page and answer any questions you may have. They are very concerned about your..."more
5.0/5.0
by KevinJ Brooks
Kudzu Best Of

Mortgage Advice Column

Can I Buy a House without 20 Percent Down Payment?





Many Americans do not own their dream homes today because they think they’re unable to afford the down payment. People assume they need to put 20 percent down to buy a home. Believe it or not, that’s not the case.

It sounds too good to be true, but you can buy a house with much less than 20 percent down. So, just how much money do you really need to buy your dream home?

According to the National Association of Realtors, the average median down payment has been 5 percent for first time buyers for decades. People don’t realize there are different kinds of mortgage loans that requires less than a 20% down payment.

So, How Low Are You Able to Go?

FHA Loans
The Federal Housing Administration (FHA) mortgage offers down payments as low as 3.5 percent. Majority of the first-time buyers don’t realize that it can be obtained from a financial gift.

VA Loans
The U.S. Department of Veterans Affairs (VA) mortgage offers Zero down payment to the military service members and their families. They are offered by most lenders across the country.

DPA
Down Payment Assistance programs are becoming more well-known by the day. It helps homebuyers get a house without putting down their own money.

Fannie Mae and Freddie Mac Conventional Loans
Fannie Mae loans offer down payments as low as 3 percent. While, Freddie Mac conventional loans offer down payments as low as 3 to 5 percent.


While many believe a 20 % payment is a requirement, you can see that there are loan options available. You don’t need a 20 percent down payment to purchase a house, you may be ready to buy a home today!

If you want a full team of experts to help your decision on what is the best loan option for you, we’re happy to help! Please don’t hesitate to reach out to us, we look forward to hearing from you!

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VanDyk Mortgage Atlanta Branch: 800 Johnson Ferry Road, NE, Atlanta, GA 30342 | Phone (770) 552-1000 | Privacy Policy | All Rights Reserved
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VanDyk Mortgage Corporate Address: 2449 Camelot Ct. SE, Grand Rapids, MI 49546 | (888) 482-6395
We Lend in: FL, GA, NC, SC, TN, & VA – Corporate NMLS #3035 – Georgia Residential Mortgage Licensee #22013 | Virginia State Corporation Commission MC-5511.
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in the state of New York will be accepted through this site.