Simplifying Home Ownership for Veterans

CalVet Loans at California VA Loan Expert

Maximize Your Benefits with CalVet Loans

Empowering You to Achieve Homeownership

At California VA Loan Expert, we help veterans secure CalVet loans designed specifically for California Veterans who have served our country.

Benefits of a CalVet Loan

CalVet loans are appealing because they often do not require a down payment and come with low-interest rates. This makes homeownership more accessible and affordable for veterans and active-duty military members.

CalVet offers its own Homeowners insurance program. For homes in potential disaster areas, where insurance is difficult to get or very expensive, Calvet is a great option.

Unlike typical mortgages, CalVet purchases and sells the property to the buyer under a land contract. CalVet holds the legal title until the mortgage is paid off, providing secure terms for both parties.

Eligibility and Loan Features:

To be eligible, veterans must have served at least 90 days of active duty under honorable conditions.

CalVet loans are compatible with VA loan standards, requiring stable income and a reasonable debt-to-income ratio.

Tailored Loan Terms:

Veterans can choose from loan terms of 15, 20, 25, or 30 years, with fixed interest rates that vary depending on several factors, including the down payment and the loan term.

Additionally, some applicants might not need a down payment, and specific fees like the funding fee can be integrated into the loan, easing initial financial burdens.