Petaluma, CA, September 01, 2012 --(PR.com
)-- First California Mortgage Company (First Cal) is excited to announce that it has been approved with the California Housing Finance Agency (CalHFA) as a direct Lender. First Cal joins only 46 other lenders approved with CalHFA. This partnership is very exciting to First Cal because it is one more way the company is able to assist first-time homebuyers in achieving the dream of homeownership.
“It was important to us to become approved with CalHFA because it gives us another opportunity to provide every possible solution for homeownership is today’s’ marketplace,” said First Cal Vice Chairman Christopher Hart. “First Cal worked with CalHFA when the organization first started as one of their flagship Lenders I know this is an organization that is here to stay by doing the right thing and wanting to help consumers.”
For more than 35 years, CalHFA has supported the needs of renters and first-time homebuyers by providing financing and programs that create safe, decent and affordable housing opportunities for low and moderate income Californians. Established in 1975, CalHFA was chartered as the State's affordable housing bank to make low interest rate loans through the sale of tax-exempt bonds. CalHFA is a completely self-supporting State agency, and its bonds are repaid by revenues generated through mortgage loans, not taxpayer dollars.
First Cal is actively growing its sales teams through California to support this newly secured relationship. Visit www.firstcal.net/careers to learn more about joining the team.
About First Cal
Since 1977 First Cal and its affiliates have funded more than $200 billion in residential loans across the U.S. Today, First Cal is an approved Seller/Servicer for both FNMA and FHLMC and is an approved FNMA HomePath® Lender, and is licensed to lend in nine states: including Arizona, California, Colorado, Hawaii, Nevada, New Mexico, Oregon, Utah and Washington.
First Cal specializes in high quality, fully documented conforming, jumbo, FHA and VA loans. It is a Fannie Mae direct lender, a HUD Non-Supervised Title II Full Eagle Lender and an approved national correspondent for most of the largest U.S. banks. The company maintains its headquarters in Petaluma, Calif. and is privately owned. It is located on the Web at www.firstcal.net.