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3% down payment

California State Teachers Retirement System – CalSTRS 80/17 3% Down Payment Home Purchase Loan Program

Program Summary: CalSTRS is the California State Teachers Retirement Program providing retirement related benefits to teachers in public schools and Community Colleges in the State of California. Facts about CalSTRS:

Largest U.S. Teachers Retirement Fund
2nd Largest U.S. Public Pension Fund
CalSTRS assets stands at $164 Billion as of March 31, 2008
CalSTRS membership stands at 795,000

The CalSTRS Home [...]

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California State Teachers Retirement System – CalSTRS 80/17 3% Down Payment Home Purchase Loan Program

by Scott Schang June 19, 2009 Loan Programs

Largest U.S. Teachers Retirement Fund
2nd Largest U.S. Public Pension Fund
CalSTRS assets stands at $164 Billion as of March 31, 2008
CalSTRS membership stands at 795,000

The CalSTRS [...]

0 comments Read the rest of this Article -->

CalSTRS 80/17 Home Purchase Program – 3% Down Payment

by Scott Schang May 10, 2008 Loan Programs

Program Summary: This Purchase Only loan provides for a first mortgage of 80% of the value of the home, and a deferred payment second mortgage of 17%.
Term: 30 Year term on both 1st and 2nd mortgages
CalSTRS Interest Rates: Check Today’s Rates Here
Conforming Loan Amount: Up to $417,000 (Up to $505,612 – 1st & 2nd combined)
Non [...]