CalPERS Home Loan Program
Published: October 13, 2008The California Public Employees’ Retirement System (CalPERS) Member Home Loan program is designed to give eligible members significant benefits that can help buy or refinance a home. You can take advantage of this unique program, with features for qualified borrowers including:
* Conventional fixed and FHA loan programs
* 100 percent financing option (restrictions apply)
* Purchase and refinance
* Competitive interest rates
* Set loan fees thanks to CalPERS maximum fee controls
* No cost 60-day rate lock
* Two opportunities to receive a lower CalPERS rate—if rates drop during final loan approval or when final documents are issued to complete the loan
* Lower your mortgage insurance costs with some loan options
* Lower typical title and escrow fees
* Increased program jumbo loan limits
This home loan opportunity exclusively for CalPERS members is available nationwide. For more information, call toll free number 909/208-1126 or contact Vanessa Richardson.

