CalPERS Mortgage Refinance Programs

CalPERS offers refinance mortgage programs for eligible members. You may apply to refinance any existing mortgage(s) on your primary residence into a single first mortgage using CalPERS favorable rates, fees’, and terms. Following are the various types of CalPERS refinances currently available to you:

  • Rate and Term Refinance Mortgage – used to lower monthly payment, rate, or term.
  • Cash-Out Refinance Mortgage – used to pull cash out from equity in property.
  • Bill Consolidation Refinance Mortgage – use equity in property to pay off and consolidate existing debt into a single mortgage payment.

Discover your mortgage refinancing options by selecting the loan amount range the best represents your needs:

  • $0 – $200,000
  • $200,000 – $333,700
  • $333,701 – $1,202,800