CalPERS offers a jumbo mortgages to members
in need of a loan amount larger than current conventional loan limits for both purchasing
and refinancing. Following is a reference chart for the jumbo loan guidelines.
1
| Jumbo
Purchase CalPERS Loan |
| Loan Amount |
$417,001 - $1,668,000 |
| Down Payment |
5% or More |
| Amortization Term |
10 Years - 30 Years |
| Loan Type |
Fixed Rates |
| Jumbo
Refinance CalPERS Loan |
| Loan Amount |
$417,001 - $1,668,000 |
| Rate & Term Refinance |
up to 95% of Property Value |
| Cash-Out Refinance |
up to 90% of Property Value |
| Bill Consolidation Refinance |
up to 90% of Property Value |
| Amortization Term |
10 Years - 30 Years |
| Loan Type |
Fixed Rates |
If these program guidelines do not fit your needs for any of the following reasons, please
check the additional available loan programs .
If a Jumbo Mortgage Loan fits your needs, please research the next
step, "Loan Qualifying" by clicking HERE. |
Loan Programs