Tag Archives: CalVet Home Loans
For nearly 100 years CalVet Home Loans has helped veterans build, rebuild, and own homes, and it will continue to do so for well into the future.
A few weeks ago, U.S. Army veteran Eric Ornelas and his September bride, Marie, went shopping for lights and other Christmas decorations. For some homeowners, that means picking up more LED strings as they strive to make their homes visible from the International Space Station. Others might scour the clearance racks after the holidays to […]
Army veteran Tom Britzman remembered the way CalVet stood behind his in-laws when a levee broke and the Feather River flooded their Yuba City home at Christmastime in 1955. “My (World War I veteran) father-in-law and mother-in-law had four feet of water in their home,” Britzman said. “CalVet took care of getting their house redone.” […]
FINANCING OF L.A. BUNGALOW IN 1922 OPENED DOOR TO $8.5 BILLION AND COUNTING IN CALVET HOME LOANS TO VETERANS AND THEIR FAMILIES
On July 1, 1922, a 28-year-old disabled World War I veteran became the first recipient of a Farm and Home Loan from the state of California in what ultimately became the CalVet Home Loans Program. The 1,185 square foot bungalow style home, on North Townsend Avenue in Los Angeles, sold for $4,120, which came out to a monthly payment of $25.94. Of course, he had no way of […]
On the morning of November 8, 2018, as Shane Murray drove from his new home in Paradise to work in Oroville, he looked into his rear-view mirror and saw a plume of smoke billowing against an otherwise azure sky. By the time he told his boss he needed to return home to evacuate – that […]
Just over two weeks ago, U.S. Army veteran Ludovico Anthony Calabro signed the final escrow papers and received the keys to his new home in Stockton. It marked an emotional moment for the 68-year-old Army veteran, whose life story is one of tribulations and redemptions, of demons and Deity, of patience and perseverance. For CalVet […]