CalVet Loans
Watch a short video about CalVet Home Loans
If you're ready to buy a home, CalVet is here to meet your home financing needs! You will find many
features and benefits with a CalVet loan that will save you money and help protect your investment for
your family.
We offer below market interest rates with low or no down payment that increase your purchasing power and
keep your payment down. We have expanded eligibility so that nearly any veteran wanting to buy a home
in California is eligible. You may prequalifiy for a CalVet loan by clicking on the Apply Online
button on this page, or by downloading and completing our prequalification form
and sending it to your local CalVet office. There is no charge for this service.
Use the menu on the left hand side of this page to get detailed information about the CalVet Home Loan
program.
Information on non-conventional loans
The California Department of Veterans Affairs and its CalVet Home Loan program is committed to helping
veterans and active duty personnel attain the American Dream of home ownership and while we currently
don't have the legal authority to refinance homeowners who are in difficult situations, we are exploring
possible legislative solutions. In the mean time if you need assistance you can call or access the
following websites:
- The "HOPE Hotline" (1-888-995-HOPE or www.995HOPE.org), which
provides free mortgage counseling 24 hours a day, seven days a week.
- A website with helpful information for prospective homebuyers, as well as homeowners who are
experiencing difficulty in keeping payments current:
www.yourhome.ca.gov and the Spanish language version:
www.sucasa.ca.gov.
For those service members who find themselves in a difficult situation as a result of a non-conventional
loan or because of activation and deployment, there are certain protections within state and federal
law that could help you including:
- The Service members Civil Relief Act of 2003 (SCRA) formerly known as the Soldiers' and Sailors'
Civil Relief Act of 1940 (SSCRA) is a federal law that gives all military members some important
rights as they enter active duty or are called to deployment.
- One benefit of the SCRA is the ability to reduce your mortgage interest rate to 6% under certain
circumstances.
- The California Military Families Financial Relief Act allows for the deferral of mortgage payments
for members of the reserves or National Guard who are called to active duty.
If you need assistance please contact the CalVet Customer Services Unit at (800) 952- 5626 or (916)
503-8362.
Map to CDVA Statewide Locations