CalSTRS Home Loan Program
Teacher home loans and options for refinancing or purchase loans with great low rates
CalSTRS Program Highlights:
* 80/17/3 Program – 80% First Mortgage / 17% Second Mortgage (NO PAYMENT for the first 5 Years) / 3% Down Payment – No Mortgage Insurance / Interest Rates for the First & Second are Exactly the Same, Which are very Low.
* 5% Down Payment Conventional Loans up to $834,000
* All Loans are Fixed Rates – 30yr or 15yr
* FREE 45 Day Lock with a FREE Float Down if Rates are Lower prior to loan closing
* Rates & Fees are Set by CalSTRS – Low Rates / Low Fees Guaranteed.
Right now we have the lowest interest rates in 50 years and the opportunity to take advantage of these rates, home prices are also priced like they were in the late 90′s. Teachers take advantage of this and what CalSTRS can offer you, this is a great opportunity to purchase a home or refinance your current mortgage loan.
If you need to consolidate some debt, take a look at getting some cash-out for home improvement, or simply lower your interest rate, CalSTRS has the right program to do that. If you or a fellow Teacher, Administrator, or Classified Employee are looking to buy or refinance give me a call and let me share what CalSTRS can do for you.
Call Me Direct – 949-229-1652
Call today if you are a teacher looking to refinance or qualify for a purchase loan and allow me to help you with the process.
