California Public Employee
and Teacher Home Loan Program
This is an exclusive home loan program for Public and Private School Teachers, Police Officers, Fire Fighters
and City, County & State employees in California.
VA Loan Program Details
Mountain West Financial provides
100% financing to our nations Veterans
with no down payment requirements
within county loan limits.
VA Financing can also be combined with the
CHDAP Down Payment Assistance program and
up to 6.00% Seller or Lender Credit is allowed to
cover prepaid expenses and closing fees.
This program is available for loan
amounts up to $1,050,000.00
Please check current VA loan limits in your county.
School Teaches and Employees Assistance Program
Eligible home-buyers who qualify for
down payment assistance must be
first time home-buyers employed at any
K-12 California public or charter school, school district offices, and county or continuation schools.
STEAP is available to all employees including
teachers, administrators, school district employees
and support staff Members.
FHA loans bring home ownership into reach for buyers who might have a hard time getting approved with conventional lenders. These loans are not right for everybody, but they have several appealing features:
Conventional mortgages aren't federally guaranteed. Down payments can be as low as 3% but qualifications are tougher than for FHA and other government home loans.
This is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). It is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses.