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teacher loan

Video: Introduction to the CalSTRS 80/17 Purchase Loan

by Scott Schang June 19, 2009 Loan Programs

A Complete Guide to the CalSTRS 80/17 Home Purchase Program

The CalSTRS 80/17 Home Purchase Program offers an amazing, low down payment home purchase program for employees of California Public Schools and Community Colleges.
CalSTRS 80/17 Home Purchase Program Highlights

Only 3% down payment – 1% required from you, 2% gift OK
NO MORTGAGE INSURANCE!
No payments for first 5 [...]

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Video – Webinar: A Complete Guide to the CalSTRS 80/17 Purchase Loan

by Scott Schang June 13, 2009 School Employees

Part One – Introduction to CalSTRS 80/17 & Comparison to FHA

Part Two – FHA as “Plan B” – Eligible Properties – Loan Limits

Part Three – Loan Structure & Calculating the Payment on 17% Second Loan

Part Four – Down Payment and Closing Cost Requirements & Quick Review of CalPERS 100%

Part Five – Highlights, Review & “Red [...]

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Santa Clara Unified School District – Teacher Mortgage Assistance Program (TMAP)

by Scott Schang June 2, 2009 First Time Buyer Loans

The City of Santa Clara offers a Teacher Mortgage Assistance Program (TMAP). This program will pay qualified teachers in the school district $500 a month to be applied to the mortgage payment. This is an interest free loan.
This program is available to tenured teachers that have been with the district for two or more years [...]