CalPATH & PATH Loan Enhancements

Mountain West Financial’s exclusive CalPATH and PATH Home Loan Programs benefit those who serve the local communities by offering competitive rates paired with reduced fees for loan processing and underwriting, a free float down of the interest rate (taken within 30 days or by approval date and prior to loan documents being drawn), and the ability to be combined with downpayment assistance programs.

The new enhancements include:

1. FHA Streamline Refinance is now available.

2. 20 and 25 Year Terms are now available for standard conventional products.

3. Arizona, Oregon, and Nevada public employees and teachers may now take advantage of the PATH Program    

-Arizona: Members of Arizona State Retirement System (ASRS)

-Oregon: Members of Oregon Public Retirement System (PERS)

-Nevada: Members of Public Employees’ Retirement System of Nevada

“We are truly excited to be able to expand this program to the states of Arizona and Oregon from our initial states of California and Colorado. At Mountain West Financial, we still believe in the American Dream and in helping those in the communities in which we work and live achieve it; whether it’s in the form of downpayment assistance, energy efficient mortgages (EEM), rehabilitation loans (FHA 203(k)), Homes for Heroes, one of our many standard options, or through the newly expanded CalPATH and PATH home loan programs,” said Tonya Todd, SVP Affordable Housing.

 

* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.