CalVet Home Loans offer low fees, low rates, low to no down payment, flexible guidelines and comprehensive home protection insurance. You can use a CalVet loan alongside the VA home loan guarantee, and you can use the benefit again after a loan is paid in full. Loan limits are up to 125 percent of Fannie Mae maximums for single-family homes, condos and mobile homes on land (up to $957,000 in some counties), $175,000 for mobile homes, 150 percent of Fannie Mae maximums for farm loans (up to $1,148,400 in some counties), and $150,000 for home improvement loans. Rehabilitation and construction loans are also available. If you are called to active duty you can defer repayments, and if you have a hardship you may qualify for a loan term extension that lowers your payment.
Start pre-approval by calling 866-653-2510 or through the CalVet Home Loans online portal. Current customers can call 866-653-2504.
Your DD214 or proof of current service showing at least 90 days of active duty other than for training, plus the income, credit and property documents any mortgage lender requires.