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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
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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
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by KevinJ Brooks
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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!

What is VA Loan?



Buying a home is exciting, however, figuring out the right home loans can be very stressful. Home loans, also called mortgages, come in numerous types.  Choosing the right mortgage loan is very important. To have a better idea of what loan works best for your needs we are going to dive into the VA loan program.

Did you know VA loans helped more than 22 million veterans achieve their dream home since the year of 1944? VA loans represent the most powerful lending on the market. How does a VA loan work? Well, not just anybody can get a VA Loan. This program from the U.S. department of Veterans Affairs (VA) offers to service members, veteran, and their families for home mortgages through a private lender. They provide flexible low interest rates and do not require a down payment.

The great thing about it they help you finance a home when you don’t qualify for other loans such as conventional. They’re open to help first time buyers and past customers.  The big part of getting it right is choosing the mortgage loan that best suits you.
If you want a full team of experts to help with your decision on what is the best loan option for you, we’re happy to help. To learn more about a VA loan, please don’t hesitate to reach out to us, we look forward to hearing from you!

Millennials are Changing the Housing Market



More and more of the millennial generation are interested in homeownership. The way that millennials find their home has changed because they are living in a world that is ruled by technology.

According to the chart below, Millennials, ages 18-34, cover 42 percent of all home buyers today. First-time buyers make up 47 percent, which means nearly 6 in 10 are Millennials. They are more serious in looking for a home than renting.



Millennials are better informed about their housing options than any other generation before them. This research-driven culture is supported by the internet where everything you could want or search for is right at their fingertips.

According to the bar chart below, Millennials cover 29% of online resource versus Baby Boomers covering 20%. Millennials value their time and demand convenience, so they do hours of online research when it comes to home searching and finding their agent. They want the agents to involve them on social media. They highlight the features that are important to them along with pictures and videos which helps them envision themselves living in the location.



As a result, getting the information in front of them is key. After all Millennials are changing the housing market today when it comes to technology.

Before you decide to buy a house, find out if you can put your housing costs to work by buying this year! If you have any questions for us, don't hesitate to give us a call at 770-552-1000 or send us an email at skatz@vandykmortgage.com. We look forward to hearing from you soon!

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National Rate Trends

Mortgage Rate Quote

Stephen Katz on Zillow

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