Cal Vet Loan - Real Estate Professionals

Real Estate Professionals – Qualify More Buyers With A Cal Vet Loan !

In California's volatile real estate market it's vital to your income to have excellent financing options for your buyers. CalVet's interest rate will allow you to help more veterans into homes while increasing your sales potential as well. Not only can you offer your veteran buyers a great loan at a great rate, but the low loan fees reduce the up front costs for the buyer and gives more flexibility in structuring the deal with the seller.

This home financing program serves all veterans living in, or planning to live in California. Previous residency requirements have been removed, and the program has been vastly improved. Eligibility has been expanded, making most veterans eligible. Online Cal Vet Loan Application

Some of the highlights of the new CalVet loan program include:

Low Interest Rate
$521,250 Maximum Loan (adjusted annually)
If Within Above Guidelines – No Need For A Second Mortgage
No Down Payment With a VA Loan Guaranty or 3% Down Payments for Non-VA loans
Free Prequalification – (Available Sam Day We Receive Completed On-Line Application)
Reusable Loan Eligibility
Construction and Rehabilitation Loans Available
Manufactured and Mobile Home Loans – 100% Cal Vet Loan Financing Available
Home Loan Protection Plans Included

You'll qualify more veteran buyers through CalVet than any other loan program, with a low down or no down payment, and veteran friendly VA credit guidelines. There are no financing points charged to the seller, giving you more negotiating room on the sales price and payment of fees. However, through you negotiating with the seller, it is possible for them to pay closing costs, included within the purchase price. Our staff will assist you in making suggestions on structuring the offer(s).

Online Cal Vet Loan Application
Low CalVet Loan Fees

Since we obtain a loan guaranty, the guaranty fee (or funding fee) is charged in escrow--it may be paid by the buyer or seller. There is NO fee if the down payment is at least 20%, or if the veteran is disabled (VA rated 10%) and if both buyer and property qualify for a VA Guaranty. There is NO monthly mortgage insurance--so your buyer will save in the long term with the one-time loan guaranty. A Loan Origination fee of 1% of the loan amount is charged, and may be paid by the buyer or seller in escrow. And, if the veteran would like to build, with CalVet's Construction Loan they can purchase the land, build the home, and have their permanent financing set up with just one loan package. This saves your buyers hours of frustrating paperwork, and thousands of dollars in the process. They'll totally eliminate the high-priced interim financing that's tough to qualify for and hard to get. You'll have an easier time putting your deal together, and the veteran will get a great loan in the process. You can also help your buyer negotiate a great deal on a "fixer upper" with CalVet's Rehabilitation Loan. The veteran's loan amount is based on the appraised "Improved" value of the property. It's easy for you, and for your veteran buyers. Online Cal Vet Loan Application Down Payment Assistance

If your buyer needs down payment assistance, CalVet participates with the community housing agency loans for buyers that qualify, and other programs. The down payment can come as a personal loan or gift from any source other than the seller. Online Cal Vet Loan Application

Easy Loan Processing
If you haven't worked with CalVet lately, you'll find our fast processing and on-going support throughout the escrow easy and painless. And just like other loans, you can work directly with us to make sure the process flows smoothly for you and your buyer. Our assigned Cal Vet Loan Officer and Cal Vet Loan Processor are available 7 Days a week to meet any immediate requests for information or assistance. Online Cal Vet Loan Application

Special CalVet Interest Rate!
CalVet offers a lower rate for buyers who meet the requirements for Revenue Bond funded loans. These include first time home buyers who meet the income and purchase price limits for their areas. Also, other veterans who buy in designated targeted areas. Most Cal Vet Loan Applicants qualify for this great low interest rate program with financing up to 100%. CalVet is an authorized VA lender, so you will be using forms, underwriting standards and processing steps that are familiar to you. Our staff is committed to working with the applicant and agent to process the loans quickly. If the loan will not be a VA loan, documentation requirements are reduced depending on the down payment amount. We will provide you with the forms you need and be happy to answer questions about the program, provide support in working through the application and help with any eligibility questions that may come up. Free prequalification is available same day to all veterans by completing the application on this website. After completing this form, our staff of qualified professionals will follow-up with a telephone call to verify the submitted information. We will update you on the CalVet program, in person or via conference call with you and your veteran buyer if that's more convenient. Online Cal Vet Loan Application

Help Veterans and Earn More Too
We go the extra mile to say "thanks" to our veterans. Without them we wouldn't enjoy the quality of life and freedoms that are available to us today. We hope you'll want to say "thanks" to them too, and help them take advantage of the best loan available to them, the Cal Vet Home Loan ! Your clients will be left in good hands with the protections provided by the low cost insurance programs, and the opportunity to use a home improvement loan at the same low interest rate! CalVet loan professionals will help you every way they can to arrange for, and quickly close, a CalVet loan for your veteran buyers. Online Cal Vet Loan Application