By Danielle Dandan
New enhancements are underway for Mountain West Financial's CalPATH and PATH home loan
The mortgage programs are specifically designed and offered to teachers and public employees. The changes include the enactment of FHA
Streamline Refinance and the availability of 20- and 25-year terms for standard conventional products.
Moreover, the enhancements will now also allow public employees from Arizona and Oregon to take the PATH Program. “Being able to not only offer, but expand a rewarding program like CalPATH/PATH, reinforces that not all Lenders are created equal.
"While some try to stay away from the Affordable Housing Programs, we continue to expand our product offerings, in all markets, allowing us to pair each of our clients with a program that fits their unique needs and goals,” said John Cady, SVP of production. Mountain West said its programs aim at benefitting borrowers who serve the local communities by providing low rates and lesser fees for loan processing and underwriting.