California Public Employee & Teacher Home Loan Program (CalPATH) is now available for Teachers, Police Officers, Fire Fighters and other Public employees in California. Best of all, you do not need to be a first time homebuyer to take advantage of this new loan program!
CalPATH Program Benefits:
Lower Rates & Reduced Lender Feesfor Public Employees in Californnia
No MI options available with as little as a 5% down payment
Can be combined with additional down payment assistance such as CHDAP
Float Down if Rates Improve during the loan process
CalPATH is available to finance a new home or Rate & Term refy. You can even refy an existing CalSTRS (or) CalPERS loan!
If you have questions about the new CalPATH home loan program, please contact us directly
CalPATH – California State Teachers Retirement System (CalSTRS) CalPATH is a program available exclusively to Mountain West Financial clients and is designed to benefit those that serve our local communities. To qualify, you must be a member of one of the following: California State Teachers Retirement System (CalSTRS)…...
CHDAP is Back! – Downpayment Assistance Program California Homebuyer’s Downpayment Assistance Program (CHDAP) The CHDAP provides a deferred-payment junior loan – up to 3% of the purchase price, or appraised value, whichever is less, to be used for their down payment and/or closing costs. This program may…...