100% Financing Options for CalPERS Members Buying a Home
You may be eligible for Down Payment Assistance of up to 5% of the purchase price if you are a member of:
- CalPERS – California Public Employees’ Retirement System
- LRS – Legislators’ Retirement System
- JRS – Judges’ Retirement System
CalPERS Personal Loan Highlights
- Maximum Purchase Price is $350,000
- You can borrow up to 5% of the purchase price
- Personal loan can be used for down payment or closing costs
- You can borrow up to 50% of your contributed amount
- Loan minimum is $1,000 up to a maximum of $18,421
- Personal loan secured by retirement – not taken from retirement account
Other articles about this topic that might interest you:
- CalPERS Members may still get 100% Zero Down Financing…sort of As a member of CalPERS, you may be eligible to take out a personal loan against your retirement account for...
- Video-Webinar: 100% Financing Option for CalPERS Members June 27th, 2009 – New Video will be posted after today’s webinar about using the CHDAP down payment and closing...
- Down Payment Assistance for CalSTRS and CalPERS Members – Low to No Down Payment Home Purchase Loans Every day seems to bring new challenges for new home buyers looking to purchase homes in the State of California....





