Who Qualifies for CalSTRS Home Loan Programs? 

Program Highlights

Areas:

State of California

Agency:

CalSTRS
   

Contact e-Mail:

Request More Information

Contact Phone:

(866) 667-6724

Quick Apply:

Quick Apply Here

Eligible Homes for Sale:

Searching for Homes

 

 

Program Description:

Purchase / Refinance / Cash Out

Maximum Loan Amount:

Conforming / Non Conforming

Income Restrictions:

No

Requires Repayment:

Yes

Requires Matching Funds:

No

Eligible 1st Loan Terms:

15 and 30 Year Fixed

Eligible 1st Loan Types:

FNMA, FHLMC

Ineligible 1st Loan Types:

N/A

 

Eligible Buyers:  All employees of a California public school district or California Community College, and/or a member of the California State Teachers’ Retirement System (STRS).

Geographic Restrictions:  Properties in the State of California ONLY

Occupancy:  You must live in the home as your Primary Residence

First Time Home Buyer:   You do not have to be a First Time Home Buyer to qualify for a CalSTRS loan.  CalSTRS provides purchase, refinance and cash out refinance loans.

Income Limits:  There are No Income Limits to qualify for a CalSTRS home loan.

Sales Price Limits:  There are No Sales Price Limits.  See individual loan programs for loan limits.

Available Loan Programs:  CalSTRS offers Home Loans to Purchase a New Home, Refinance to lower rate and payment or Refinance to take Cash Out.