Friday, August 27, 2004

CalPERS Home Loans Offers Cash Rebate with SMARTMOVE Program

CalPERS members using a CalPERS home loan to buy a home can now get a cash back rebate for using its new SMARTMOVE progam. Homebuyers will receive a cash-back rebate up to $5,000. Learn more about this CalPERS program.

On that note, here are the current mortgage rates for the Conventional CalPERS home loans under $333,700

  • Conventional 30 Yr. Fixed CalPERS Loans - 5.875% / 6.038% APR
  • Conventional 15 Yr. Fixed CalPERS Loans - 5.250% / 5.515% APR

Here are the Jumbo Loans available from CalPERS for loans up to: $1,334,804:

  • CalPERS Jumbo Loans 30 Yr. Fixed - 6.125% / 6.279% APR
  • CalPERS Jumbo Loans 15 Yr. Fixed - 5.375% / 5.621% APR

Learn more about buying a home or mortgage refinancing using your CalPERS Home Loans.

Thanks for Reading.

Jessie J. Beaudoin


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