Wednesday, October 1, 2008

Government launches "Hope For Homeowners" program to help underwater homeowners

Government launches "Hope For Homeowners" program to help underwater homeowners

The Bush administration formally launched the much anticipated "Hope For Homeowners" FHA loan program today. This program helps homeowners stay in their homes by working with your existing lender to refinance your existing loan into a new FHA Fixed Rate Loan.

VanDyk Mortgage is proud to participate in this new FHA Loan program. As a HUD approved Full Eagle DE FHA Underwriter & Direct Lender, we feel that we can provide consumers a Quality Source for your FHA Loan.

The new program works like this: Let's say you owe $400K on your home, and it is worth 320K today. This is upside down, you have negative equity (owe more than your home is worth). We get you qualifed and set up with your new FHA Loan, Negotiate with your current Lender to accept a reduced or short payoff on your current loan, and you are left with a fixed rate affordable, safe, and secure FHA Loan from VanDyk Mortgage for $288K.

We take care of the Negotiation with your current lender for you. Call the FHA Experts at VanDyk Mortgage to get started today at 866-900-2342 toll free, ask for Brian Skaar.

Or apply online on our secure website vandykfunding.com.

VanDyk Mortgage is a privately owned, Nationwide Mortgage Banker offering FHA, VA, Conventional, & Jumbo Loans at competitive rates direct to consumers. Be sure to let your Friends, Family, & Coworkers know about our new FHA Short Refi Program too - help and hope for homeowners who owe more than their home is worth. We serve the following areas for FHA, FHA Jumbo, Jumbo and Conventional loans: California, San Diego, San Marcos, Carlsbad, Oceanside, Vista, Escondido, Fallbrook, Bonsall, Riverside, Los Angeles, Orange County, Irvine, Corona, Anaheim, Santa Ana, Seattle, Washington, Bellevue, Kirkland, Redmond, Lynnwood, Olympia, Tacoma, Puyallup, Buckley, Auburn, Kent, Federal Way, Seatac, San Francisco, San Jose, Carson, Gardena, Hawthorne, Lawndale, Inglewood, Ladera Heights, View Park, Windsor Hills, Baldwin Hills, Fox Hills, Culver City, Beverly Hills, Malibu, Santa Monica, Brentwood, Calabasas, Encino, Bel Air Estates, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates, Manhattan Beach, Redondo Beach, Hermosa Beach, Torrance, San Marcos, San Diego, Rancho Bernardo, Carlsbad, Escondido, Poway, Oceanside, Vista, Encinitas, Carmel Valley, Scripps, Tierra Santa, El Cajon, La Jolla, Chula Vista, National City, San Ysidro, Santee, Eastlake, Ramona, Long Beach, Artesia, La Palma, Cerritos, Compton, Lynwood, Bellflower, Temecula, Murrieta, Southern California, Northern California, Washington, Everett, Lynnwood, Tacoma, Kent, Federal Way, Auburn, Renton, Bellevue, Redmond, Kirkland, Whittier, Santa Fe Springs, Downey, Irvine, Newport Beach, Los Angeles, San Bernardino, Riverside and Orange County. If you don't see your city, call us anyway, we most likely can serve you too.

We offer FHA Short Refi or FHA Short Refinance loans under both the Hope for Homeowners program and the VanDyk HomeSaver program.