CalPERS Jumbo Mortgage Income Qualifications

Jumbo CalPERS Mortgages will review your income for a few different reasons. You ability to repay the mortgage Amount of Loan you can afford Following are some of the most basic guidelines for CalPERS jumbo mortgages. Should have two years of work history in same field. Income should be steady or increasing over two year […]

CalPERS Home Loans

CalPERS home loans assist members of CalPERS, LRS, & JRSwith buying a home or a mortgage refinance at competitive mortgage rates, preferred loan terms, and discounted loan fees. CalPERS home loans offer many advantages to CalPERS members such as: 100% financing*,  60 Day mortgage rate lockand the CalPERS mortgage rate roll-down* benefit. Learn more about the advantages of CalPERS home loans. Get Started with CalPERS home loans CalPERS Loan Programs Buying […]

CalPERS Loan Certification

A CalPERS Member may have only one outstanding CalPERS Mortgage Loan at any given time. Therefore, an eligible Member who assumes the role of co-borrower on another Member’s Mortgage Loan is ineligible for another  CalPERS Mortgage Loan until the existing Mortgage Loan is paid in full. By signing below, the undersigned represents they DO NOT have any […]

Free Debt Free & Rate Watch Analysis

Our goal is to provide you with value-added tools that allow you to make wise financial decisions. We provide two free reports that can benefit current home owners tremendously. Rate Watch – this free service provides you with a personalized accelerated amortization schedule for your current mortgage, indicating the potential interest savings of sending extra money […]

PERS Loan Disclosure’s

Disclosure notices Occupancy statement This is to certify that I/we do/ do not intend to occupy the subject property as my/our principal residence. I/we hereby Certify under penalty of u.s. Criminal code section 1010 title 18 u.s.c. That the above statement submitted for the purpose of obtaining Mortgage insurance under the national housing act is […]

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. […]

CalPERS Home Buying Programs

CalPERS offers various types of mortgage loan programs that members may use when buying a home. These CalPERS loan programs are for the first time buyer or a move-up home buyer. CalPERS has programs that will fit the financial needs of any it’s members, including Zero Down – 100% Financing Options. If your are buying […]

CalPERS Jumbo Mortgage Loan Programs

CalPERS offers a jumbo mortgage program to members in need of a loan amount larger than current conventional loan limits for both purchasing and refinancing. Following is a reference chart for the jumbo loan guidelines. 1 Jumbo Purchase CalPERS Loan Loan Amount $417,001 – $1,668,000 Down Payment 5% or More Amortization Term 10 Years – […]

Getting Started was created and designed to make obtaining your CalPERS loan simple as 1,2,3. These easy steps are as follows: 1) Research available CalPERS Loan Programs. 2) Understand the basic Mortgage Loan Qualifying. 3) Apply for Loan Pre-Qualification or  Pre-Approval. Navigating  At the top of very every page you will find a bar with hyperlinks to the main […]

CalPERS FHA Loan Limits

The FHA loan program has specific loan limits set for certain county area’s of California. To locate the maximum loan limit in your area, please use this FHA loan limit look up directly at HUD. If the FHA maximum loan limit is equal to or less that the loan amount you will require to purchase or […]