Mortgages for California Highway Patrol Officers

Since 1986, Community First Mortgage has helped California Highway Patrol Officers secure fantastic rates on their home purchases and refinances. Whether it’s a conventional, FHA, VA, or jumbo loan, Community First Mortgage consistently leads on rates and service for our valued California Highway Patrol Officers. Just take a look at our Yelp reviews!

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Community First Mortgage is a licensed Mortgage Broker only in the state of California. Our focus is on California Highway Patrol Officers and all borrowers looking to buy a home or refinance a home loan in California.

At Community First Mortgage, we understand that every Highway Patrol Officer’s situation is unique. Whether you are an active California Highway Patrol Officer with base and overtime income or a retired Highway Patrol Officer with a stable pension income, we are eager to tailor a mortgage lending experience that suits your needs.

Conventional Loans for California Highway Patrol Officers

For California Highway Patrol Officers who are first-time home buyers with strong credit scores (over 720-740), a conventional loan is typically the most fitting mortgage program. If the loan amount is under $806,500 (the low-balance conforming loan limit in California in 2025), Highway Patrol Officers can put as little as 3% down.

While private mortgage insurance (PMI) is required when you put less than 20% down — with a strong credit score, the monthly PMI payment is much less than most people expect on a conventional loan.

With California home prices being so high, it’s understandably difficult to stay under a loan amount of $806,500. If your loan amount is over $806,500 (but under the conforming loan limit for high-cost counties), a 5% minimum down payment is required for a conventional loan. The good news is your PMI will be lower (as a percentage of your loan amount) when you put 5% down instead of 3%. For every 5% increase in down payment (10%, 15%), you can expect your PMI payment to be slightly lower.

FHA Loans for California Highway Patrol Officers

For California Highway Patrol Officers wanting to put as little down as possible but have credit scores under 720, an FHA loan can be an attractive option. While your monthly mortgage insurance premium can be higher than conventional loan PMI, interest rates on FHA loans are usually lower than on conventional loans. FHA loans have an upfront mortgage insurance premium (currently 1.75% of the loan amount) that conventional loans don’t have, and you are required to pay monthly mortgage insurance for at least 11 years (sometimes the life of the loan) or until you refinance or otherwise pay off the loan.

VA Loans for California Highway Patrol Officers

California Highway Patrol Officers who previously served in the military may be eligible for VA financing. With a VA loan, you are not required to put anything down. On top of this benefit, monthly mortgage insurance is not required, unlike conventional and FHA loans. VA mortgage rates are typically as low as FHA rates, making a VA loan an excellent option for California Highway Patrol Officers who are veterans.

Jumbo Loans for California Highway Patrol Officers

California Highway Patrol Officers looking for the very best mortgage rate or who want to borrow more than the high-balance conforming loan limit for the county they live in may consider a jumbo loan. Most jumbo loans require at least 20% down, but they can offer even lower rates than conforming loans.

On the downside, Jumbo loans can require a lower debt-to-income ratio than conforming/conventional and FHA loans and may require reserve funds.

Our job as mortgage brokers is to advise California Highway Patrol Officers on which loan program is the best fit.

Quick Closing

In a competitive real estate market, it helps to have an edge when you make an offer. One edge we can offer all borrowers, not just California Highway Patrol Officers, is a quick closing. We can close purchase loans in as little as 10 days! Most credit unions cannot close purchase loans that quickly.

If you are a California Highway Patrol Officer looking to purchase a home or refinance an existing mortgage, we hope you will request a rate quote below!

(Rates subject to change without notice)

Loan Assumptions