California home prices are at an ALL-TIME-HIGH and Interest Rates are near an ALL-TIME-LOW! Don’t fool yourself into thinking that home prices will come down anytime soon because chance are they won’t. With that said, you need more buying power to compete in today’s seller market.
Our "NEW" CalPATH Combo Loan will help you purchase a single-family residence, condominium, or townhome in most *High-Cost California counties up to $1,025,000 with only 10% down and a 10% line of credit in the form of a 2nd mortgage. Loan limits in other counties may vary, inquire below for details.
Your home buying power may increase further in 2022 when new California loan limits are announced in December 2021.
*High-Cost California counties include Alameda, Contra Costa, Los Angeles, Marin, Napa, Orange, San Benito, San Francisco, San Mateo, Santa Clara and Santa Cruz.
Maximum Home Purchase Price: $1,025,000
Required Down Payment: $102,500 (10%)
New CalPATH 1st Mortgage: $820,000
New HELOC 2nd Mortgage: $102,500