CalVet Home Loans wants to partner with you to help our veterans purchase homes. If a California veteran comes to you looking a home loan, please call us and we can show you how our CalVet Home Loan products are a benefit to the veteran and you as a mortgage broker. Here are some reasons why you should partner with us to close loans:
We manually underwrite loans and close on time because we fund the loans with CalVet State of California voter approved funds. We only provide loans to veterans, and our California State mandated charge is to make loans. We strive to approve all "make sense" loans if it benefits our veteran. No minimum credit scores, no overlays, or matrix type requirements. No other bank or financial organization can offer that type of commitment.
We have a short broker agreement for working with CalVet. No long contracts or required financial documentation.
We never require a mortgage broker or bank to buy back a loan. If we fund it, we own it. We service all our loans for the life of the loan.
We pay a 1% fee on all closed loans. Broker must be licensed in California and have an NMLS number.
We have strong and secure technology through which our brokers can communicate and submit electronic documents to us.
We give brokers a direct line to our CalVet support staff. You will have answers to all your questions quickly; so, your veteran clients know you are meeting deadlines.
Pre-approval letters are typically issued in 48 business hours and loans are closed in 20 business days.
CalVet Home LoansLoan Origination Unit1227 O StreetSacramento, CA 92814866-653-2510 (Toll Free)916-503-8359 (Direct)916-651-9085 (Fax)E-Mail: Homeloans@calvet.ca.gov
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