Press Releases

Mountain West Financial Announces Expansion of PATH Home Loan Program to the States of Idaho, Texas, and Wyoming Reduced Fee Program for Teachers and Public Employees

CalPATH Loan Program

Laura Martel
FOR IMMEDIATE RELEASE:
July, 2016

Mountain West Financial, Inc.
1209 Nevada Street-Suite 200
Redlands, Ca. 92374

(909) 793-1500 Ext. 310
Toll Free: 1-888-793-6470
laura.martel@mwfinc.com

Mountain West Financial announces today that their exclusive program for teachers and public employees has been expanded into the states of Nevada, Utah, and Washington. This program benefits those that serve our local communities by offering competitive rates paired with reduced fees for loan processing and underwriting, Free float down of the interest rate (taken within 30 days or by approval date and prior to docs being drawn), and being able to be combined with down payment assistance programs. The PATH program follows the same MWF standard guidelines for FICO, Debt to Income (DTI) Ratios and minimum reserves as regular FHA and Conventional loan programs.

This program is available to of one of the following:

  1. Employees of a Public Agency
  2. Public Employee Retirement System of Idaho (PERSI)
  3. Texas County and District Retirement System (TCDRS)
  4. Texas Municipal Retirement System (TMRS)
  5. Employees Retirement System of Texas (ERS)
  6. Teacher Retirement System of Texas (TRS)
  7. Wyoming Retirement System (WRS)

"Since our launch, our PATH program has helped nearly 1,000 public employees including teachers, firefighters, police officers and other public servants who serve our local communities every day. In 2014, our first full year of offering the PATH program, we helped 187 borrowers and we are on track to help nearly 700 borrowers in 2016. It feels good to give back and help these wonderful people achieve homeownership" said Tonya Todd, Senior VP Strategic Products. For more information on the PATH Home loan program, please fill out our Quick Quote.

Mountain West Financial is headquarted in Redlands, California with 41 Branch locations throughout the Western United States providing FHA, VA, Conventional, USDA and many Down Payment Assistance Programs. For further information call 909-793-1500, Toll Free 1-888-793-6470, e-mail info@mwfinc.com or visit our website.

Mountain West Financial, Inc is licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. NMLS #164497. For full state licensing, click here.

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