There are many things that every home buyer should be aware of when purchasing a home such as:

Down Payments. The mortgage consultant you work with at VanDyk Mortgage can assist you in determining which loan program will be right for you based on the amount of money you have available for a down payment. Some programs allow down payment assistance from family, jobs, or even not for profit gift programs. Other loan programs require down payments of anywhere from 3%-20%. We will make sure to present you with all of your options and provide you with as much information as you may need to make an informed decision about your purchase loan.

Interest Rates. When buying a home you will have many decision to make. None are more critical then what interest rate you want to lock in at. In some situations you may want to pay discount points in order to save more money over the life of your loan. In other cases the opposite may be true depending on your goals with your new home. Either way VanDyk Mortgage will be ready get the funding for your loan that will be structured properly for your individual situation. You can get an idea of how interest rates affect your mortgage payment by using our free online mortgage calculator HERE.

Closing Costs. Closing costs can vary by loan program and term. Often times the seller will contribute funds toward your closing costs. VanDyk Mortgage can show you how to get the maximum benefit from seller contribution on your closings costs. Some programs such as the USDA program allow closing costs to be financed if there is sufficient equity in the home you are purchasing. We will be ready to guide you into the loan program that will be most beneficial to you and your needs.

Below are some of the areas we specialize in for our purchase loans: