| CalPERS has standard
mortgage fee adjustments that are charge above and beyond the basic
CalPERS loan fees.
Please review the chart below to determine if
you will need to pay any additional fee's for obtaining your CalPERS
loan.
Other CalPERS loan fee adjustments maybe
applicable. For an exact CalPERS mortgage quote please call us
Monday - Friday from 9:00 - 5:00pm at: (800) 931-7377
FICO Score Adjustments to CalPERS loan
fee's.
Your FICO score and loan to value may affect
the overall cost of your mortgage for every type of loan except FHA
or the MCM program. Please review the chart below to determine you
possible mortgage fee adjustments:
| LTV |
< 60% |
60.01 -70% |
70.01-95% |
| FICO |
|
|
|
| 720 + |
(0.250)%
|
0.000% |
0.000% |
| 700 - 719 |
(0.250)%
|
0.500% |
0.500% |
| 680 - 699 |
0.000% |
0.500% |
0.500% |
| 660 - 679 |
0.000% |
0.500% |
1.250% |
| 640 - 659 |
0.000% |
0.500% |
1.750% |
| 620 - 639 |
0.000% |
0.750% |
2.500% |
| < 620 |
0.000% |
0.750% |
2.750% |
For an exact CalPERS mortgage quote please
call us Monday - Friday from 9:00 - 5:00pm at: (800) 931-7377
Cash-Out Refinance Adjustments to CalPERS
Loan fee's.
If you are obtaining a CalPERS cash-out
refinance loan which is any loan where you receive more than $2,000
or where you are consolidating a 2nd. mortgage or home equity line
of credit that was obtain after the original purchase date.
For an exact CalPERS mortgage quote please
call us Monday - Friday from 9:00 - 5:00pm at: (800) 931-7377
| LTV |
60% - 75% |
75.01 -80% |
80.01-90% |
| FICO |
|
|
|
| 740 + |
0.000%
|
0.250% |
0.375% |
| 720 - 739 |
0.125%
|
0.375% |
0.500% |
| 700 - 719 |
0.125%
|
0.375% |
0.500% |
| 680 - 699 |
0.250% |
0.750% |
1.500% |
| 660 - 679 |
0.250% |
0.750% |
1.500% |
| 640 - 659 |
0.750% |
1.500% |
2.000% |
| 620 - 639 |
0.750% |
1.500% |
2.000% |
| < 620 |
1.750% |
2.500% |
3.000% |
For an exact CalPERS mortgage quote please
call us Monday - Friday from 9:00 - 5:00pm at: (800) 931-7377
Additional loan adjustments may be applicable
for other items such as loans with subordinate financing, expanded
loan approvals, units, flexible mortgage programs.
Obtain and exact mortgage rate and fee quote
for a CalPERS loan based on your qualifications by calling: (800)
931-7377
|
