CALPATH/PATH is an exclusive Mountain West Financial Home Loan Program. It offers special rates to public employees. It is our way of saying “Thank You for your service.” It is currently available in 7 states; California (CALPATH), Arizona, Colorado, Nevada, Oregon, Utah and Washington.
Benefits:
Reduced Processing Fees
FHA or Conventional loan options available
Can be used with other down payment assistance programs
Available for High Balance loans
15 or 30 year terms available
No Additional Qualifying - Follows MWF’s FHA & Conventional standard guidelines
One free float down - During the first 30 days after the rate is locked (or before the Closing Diclosure is issued, whichever is sooner.) If rates become lower you can “Float Down” to the new lower rate.
Who is Eligible:
Employees of a qualified public agency
Public School District
State University
Community College
Judicial System
Public Heath Departments
Local Government Entities
Retirement Systems
And many more!
* Specific loan program availability and requirements may vary. Please get in touch with the mortgage advisor for more information.
