CalCORP Corporate Mortgage Program / Employee Benefit Program

Millions of employees throughout the state of California who are interested in purchasing a home or refinancing their existing mortgage may be eligible for the CalCORP Corporate Mortgage Program which was launched last week.

The CalCORP Corporate Mortgage Program is a collaboration by a number of financial sector organizations and is offered through Gadish Financial. It is available to private California-based corporations and their employees.

Orit Gadish, President of Gadish Financial, and a former First Vice President of Countrywide Financial, said, “Education is at the forefront of the CalCORP Mortgage Program. Each employee is educated on the loan process as well as the loan options available in today’s market, and the risks and costs involved”.
The CalCORP Program offers employees access to wholesale residential mortgage rates and discounted and waived closing costs. It offers protection from “junk fees” commonly charged as part of the transaction. Each loan is reviewed for accuracy of fees being charged, to ensure all fees are valid. The program provides benefits similar to those currently available to California government employees and state teachers, respectively, through the CalPERS and CalSTRS Member Home Loan Programs.
Individual employees are eligible to participate in the CalCORP program if they are currently employed by a private California-based corporation. Employees will work with a single point of contact throughout the home purchase or refinance transaction to ensure it closes as quickly and as smoothly as possible.

Private corporations based in California are eligible to participate in the CalCORP program at no cost. The program offers a value-added benefit which helps participating companies to attract and retain leading professionals.
Commenting on the new CalCORP program, Orit Gadish, President of Gadish Financial, states, “Given today’s housing costs and turbulent mortgage industry, there is an increased need to provide the security and protection of a corporate mortgage program to employees and provide reasonable financing options. We are committed to making their financing choice the best one available in the market.”
For further information about CalCORP, please contact Gadish Financial at 1-877-GADISH-1 or visit their website at www.GadishFinancial.com.

California Department of Real Estate, Real Estate Broker License # 01505675.