California Veteran Home Loans

CAL-VET Loan Options for 100% Mortgage Financing

Military veterans should consider California VA home loans and CAL VET loan incentives that offer significant savings with lower rates. Take advantage of no down-payment with VA loan eligibility and no out of pocket closing costs on California Veteran loans. VA mortgage rates start at 3.25% and are fixed for 15-30-year loan terms. We anticipate that VA homer loan amount limits in California will remain high this year. Our lenders are offering no cost VA loans in California to qualified veterans with competitive CAL VET loan rates.

What is the best way for California Veterans to secure the lowest rate mortgage for purchase or refinance?

California Vet home loans offer Veterans access to a home loan with no down-payment and reduced interest rates for purchase and refinance transactions. BD Nationwide will introduce you to CAL VET lenders that offer loans for refinancing, purchasing and debt consolidation. Check VA-interest rates today.

Recently we introduced the Cal-Vet Home Loan that was created to help California Veterans with home financing. These mortgage loans typically offer retired military personnel reduced rate financing with interest rates below market levels and often no down payment is needed for home purchase loans. Recently the VA expanded eligibility so that nearly any veteran wanting to buy a home in California is eligible. Find out if the new CAL VET Loan program is the right mortgage for your needs.

cal vet loan

Frequently Asked Cal-Vet Home Loan Questions

What are the eligibility requirements for Cal-Vet Home Loans?

Veterans who served a minimum of 90 days active duty and received an Honorable Discharge and are eligible for the Cal-Vet Home Loan Program. There may have been changes in the Military & Veterans Code and Calvet loan funding policies that may have made more veterans eligible under state law.

What is the down-payment required on Cal Vet mortgages?

If you meet the eligibility requirements for a 2018 Cal Vet loan, there will be no deposit or money needed for the down-payment. This $0 down home loan has helped a lot of military veterans over the years.

Can I refinance into a Cal-Vet mortgage if I already own home?

No. You are required to apply for Calvet loan prior to purchasing a new home if you are seeking financing via the Cal-Vet Loan Program prior to processing the property or taking title to the home. If you are building a house on land you already own, you need to submit for approval prior to construction completion.

Is there a pre-penalty to refinance my Cal-Vet mortgage down the road?

Cal-Vet Home Loans have no prepayment penalties of any kind. You can refinance or pay off this Cal-Vet mortgage loan at any time.

California Veteran Resources:

Bad Credit Cal-Vet Loans Available for Military?

According to the Revised VA Pamphlet 26-7, Chapter 4, Credit Underwriting, bad credit may not disqualify a veteran from getting a VA loan. There are ways you may qualify even with bad credit.

  • VA Loans for buying or refinancing
  • Great Cal Vet Loan Rates
  • Appraisal may be waived!
  • 100% Veteran Loans
  • Multiple Mortgage Programs for People in the Armed Forces
  • Learn how to buy a home with limited or no credit
  • No Minimum Credit Score with VA loans

Is the Cal-Vet interest rate fixed?

Cal-Vet Loans have an adjustable interest rate. Unlike most variable rate mortgages, the Cal-Vet home mortgage rates have been very stable because the interest rate is not tied to an index, like the MTA, COFI or Treasury. Home loans granted in 1999 and since then have mortgage rates that are based on the cost of the bond funds and market conditions and are capped at the interest rate increase of 0.5% (1/2 of (see lender)) over the term of the 30-year mortgage loan. There is no fees or cost to apply for a Cal-Vet loan today.


California Mortgage Rates Rebounding – The housing sector is rebounding in many regions from San Diego to the Oregon border.

Streamline Refinance with Low Mortgage Rates – If you already have a mortgage with the VA, you may be eligible for low cost refinancing that reduces your monthly payment.

VA Home Loans...The Last Real 100% Purchase Mortgage

California VA Loan

With rates falling to their lowest levels in history, there could not be a better time for military veterans to get a VA loan in California.

Additional VA Home Loan Pages:
VA Home Loan | VA Military Debt Consolidation Loans | VA Mortgage Rates | California FHA Home Loans |
California Veteran Home Loans | VA Streamline Refinance | Streamline Refinance | VA Rates | VA Refinance | How A Military Veteran Can Buy A Home With No Down Payment
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BD Nationwide Mortgage, 515 Encinitas Blvd. Ste 100, Encinitas, California 92024
Please be aware that this is not an advertisement for credit as defined by paragraph 226.24 of regulation Z. Nothing on this site contains an offer to make a specific home loan for any purpose with any specific terms. This is a web-site and no Calvet home loans can be guaranteed as loans and rates are subject to change. BDNationwide was affiliated with a federally chartered bank located in Maryland licensed to offer home loans in all 50 states. Copyright 2001-2018 and Beyond,

All rights reserved. Do not duplicate in any form. does not have any affiliation with the VA or any other government entity.