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CalSTRS 95/5 Home Purchase Program – No Money Down

by Scott Schang May 10, 2008 Loan Programs

THIS PROGRAM HAS BEEN TEMPORARILY SUSPENDED – STAY TUNED FOR FURTHER INFORMATION
Program Summary: This Purchase Only loan provides for a first mortgage of 95% of the value of the home, and a deferred payment second mortgage of 5%.
Term: 30 Year term on both 1st and 2nd mortgages
CalSTRS Interest Rates: Check Today’s Rates Here
Conforming Loan Amount: [...]

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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 [...]

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