# Mortgage Basics

Cal STRS

If you are a teacher in California with CalSTRS and CalPERS home loan program, then you need to know that it won't be hard to get approved for a low interest mortgage.

By simply meeting the credit and income requirements, which means having a credit score of 630 or above and total gross monthly income that is at least 3 times larger than your proposed housing payment, you can apply for this home loan program.

  • Buy a house with as little money down
  • Ideal for the first-time homebuyers unable to make larger down payments.
  • Down payment assistance programs can be added to an CalSTRS / CalPERS Loan for additional down payment and/or closing cost savings.
Up to
80%
LTV - Purchase
80%
LTV - Rate & Term
75%
LTV - CASH OUT
30 - 40
Year Fixed
IO Options
$250K up to $8M

Apply Now!

# Apply For CalSTRS / CalPERS

CalSTRS / CalPERS vs. Conventional Home Loans?

CalSTRS / CalPERS home loans are different than conventional home loans. They may be better options when you're looking to refinance your existing mortgage, purchase your first home or move up to your next home.

This type of loan allows you to acquire a new home with little money down and pay off the remaining balance over time through monthly payments with interest.

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650-200-2304

Testimonials

"Kristin Howard is genuinely helpful, knowledgeable, and accommodating. She went out of her way to assist us not once but three times now. Home purchase, home equity loan to update and upgrade our home, and refinance. VA loans she’s hands down the best!"
"I had the absolute pleasure of working with Kristin Howard on three separate deals, and I can confidently say that she is an incredible professional. Each time, Kristin made the entire process seamless, stress-free, and efficient. Her attention to detail, clear communication
"I’ve had the pleasure of working with Kristin Howard for the last two years. She has been a substantial asset to My business, No matter the loan size. She is dedicated to her work and Facilitating the process. If One is trying to obtain commercial financing, Residential, Or
"Outstanding Service and Expertise! I had the pleasure of working with Silvia during my home purchase, and I cannot recommend her highly enough. From the very beginning, Silvia demonstrated exceptional professionalism, expertise, and genuine care for my needs. She took the ti
"I worked with Silvia she was very knowledgeable and creative! Outstanding experience and highly recommended."
"Groves Capital is truly the best in the country. Their team is exceptional, providing outstanding service with unmatched professionalism. Highly recommended!"
"Kristin Howard & Travis Welfle were amazing. They were very responsive and diligent. Kristin walked me through the whole process and made the experience less stressful than I had anticipated. Thank you!"
"I have financed multiple properties with these guys, and it's been amazing every time. The process was seamless. And I got the best possible rate. They are incredibly professional and efficient. Highly recommended."
"John Murdock was such a pleasure to work with he went above and beyond to be sure everything was transparent. He made sure we had the knowledge on what to expect through the loan process. he is definitely an asset to your company. Will definitely use him again when needing f
"We felt very supported in our loan and made the process very easy. Thank you to Chris and his team for the excellent communication and support."

# Apply For CalSTRS / CalPERS

Why Should You Choose Us?

We're here to make the home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our simple Hard Money Rate Quote.

  • Customer Focused
  • Minimal Documentation
  • In-Houses Controls
  • Best Loan Services
Apply Now
650-200-2304
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# Apply Now!

Our Core Purchasing Service

Whether you’re looking to purchase a new home or refinance your existing home,Groves Capital can provide all the help you need.

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