The pre-approval letter is the document produced at the successful conclusion of the pre-approval process. This letter can be submitted with offers to purchase real estate. In addition to the loan amount, purchase price, and interest rate, the pre-approval letter will provide contact information for our CalVet Loan Originators.
Any questions regarding the preapproved loan should be directed to the CalVet Loan Originator contact listed. Upon receipt of the pre-approval letter, this Loan Originator becomes the applicant’s primary contact and advocate with the CalVet Home Loan organization. The assigned CalVet Loan Originator will be able to explain, facilitate, and even accelerate the process when necessary.
When a veteran does not qualify for our benefit, the CalVet Loan Originator issues a letter outlining why the veteran cannot be approved at this time. Clear guidance is provided in the pre-approval decline letter on next steps and strategies for gaining an approval. When a pre-approval decline is issued, the veteran can be placed in our in house credit counseling program. A CalVet Credit Counselor can work with the veteran to improve the veteran's lending profile if possible.
1227 O StreetSacramento, CA 95814866-653-2507 (Toll Free)916-503-8318 (Direct)916-651-9085 (Fax)E-Mail:
Homeloans@calvet.ca.govOffice Hours: Monday-Friday, 8am-5pm