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CAL-VETAn alternative to VA financing is Cal-Vet. Cal-Vet often requires a small down payment and the rates are usually pretty good. However, it takes much longer to process a Cal-Vet loan. Defining Cal-Vet "eligibility" on the other hand is too difficult to explain here. Because of flowcharts, memos, and recent changes to the program, and I'd prefer to consult each Veteran on a case-by-case basis. If there's one rule of thumb, though, it's that if you served 90days during a "war-time" period, regardless of where you're from, you're probably qualified. Cal-Vet also has a first-time buyer program, with slightly lower rates.If you clicked on this page to learn more about Cal-Vet, I apologize. There are just too many changes on the way. Please call or e-mail us for the latest on rates, processing times, rules, and parameters. -Brent |
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| 3626 Fair Oaks Blvd. Suite 100 Sacramento, CA 95864 (800) 649-6616 bwilson@comstockmortgage.com |
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