The 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 & FHA loan programs
- 100% 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 866-903-3242 or contact Vanessa.Richardson.