Introducing the CalPATH Combo Loan (80-10-10)

80% LTV 1st Mortgage | 10% Down Payment | 10% 2nd Mortgage

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.

Here is How

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

CalPATH Combo Loan Benefits

  1. An 80-10-10 mortgage is structured with two mortgages: the first being a fixed-rate loan at 80% of the home's cost; the second being 10% as a home equity loan; and the remaining 10% as a cash down payment.
  2. This type of mortgage structure reduces the down payment of a home without having to pay private mortgage insurance (PMI), helping borrowers obtain a home more easily with the up-front costs.
  3. Expand your buying power above county loan limits without obtaining a Jumbo loan which requires a minimum 20% down payment and 6 months mortgage payment reserves with most lenders.


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*CalPATH eligible loans only with a minimum loan balance of $400,000 and a qualifying credit score above 700.

CalPATH Press Releases – learn more about the history of the CalPATH home mortgage loan for CalSTRS & CalPERS retirement fund members and active employees of a California public agency.

CalPATH Q&A – get answers to frequently asked questions about our California Public Employee and Teacher Home Loan Program for CalSTRS, CalPERS, LRS and JRS retirement fund members.

CalPATH Testimonials – find out what CalSTRS & CalPERS retirement fund members have to say about Mountain West Financial and the CalPATH Home Loan Program.

CalPATH is our way of saying Thank You for all you do to serve your local community.