Guaranteed Home Loans

If you are a veteran and want to buy a house, the Veterans Administration will guarantee up to $ 417,000 of your loan.

If you are an owner and want to refinance - you can either request an interest rate or for a cash-out option.

Your VA Home Loan benefit to help you with new home loans, house construction, improvements, manufactured homes or lots, solar heating or cooling systems, the purchase of your new home with energy efficiency improvements and refinance.

For more information, please contact the Veterans Administration for eligibility, the current fees and how to apply.

Home buyers looking to buy in California should put on a special program called Cal-Vet Home Loans.

Note to California residents:

If you can not meet your loan repayments due to be deployed or called to active service there is little help available for you - SCRA, Service Civil Relief Act is a federal law giving military members' rights to reduce the mortgage interest rate to 6% and less than or deferral of loan repayments.

Contact the Customer Services Unit Calvet at (800) 952-5626 or (916) 503-8362 for more information.

The program is for veterans honorably discharged with a minimum of 90 days on active duty (training not included) and are looking to buy a house and reside in California.

Calvet loans customers should also consider buying a home in target areas designated by the State Calvet, 33 counties of California in Los Angeles enjoy being one of the main areas. Thetarget areas have been selected by the last census report and identify families whose household income is 80 percent or less of the statewide average.