Mountain West Programs That Set Us Apart Open new doors with our product mix, check out our latest awards, and dive deep into our over 130 active affordable housing programs in the areas we serve.

With programs ranging from government loans to ARMs to affordable housing, you will have the latitude to provide the best option for your homebuyer's specific needs.

CalPATH / PATH is our exclusive reduced fee loan program designed to help public service workers own a home. It's our way of saying "Thank You" for what you do!

Eligible workers include police officers, firefighters, teachers, and courthouse or state, county, or city employees. Restrictions apply. Contact us for details.

Program Features
  • Reduced Processing & Underwriting Fees
  • FHA, Conventional, & VA Loan Options (Must be military veterans and public service worker for VA option)
  • Available for High Balance Loans
  • Refinance Options Available
  • No Additional Qualifying
  • One Free Float Down - During the First 30 Days After the Rate is Locked (or before the closing disclosure is issued, whichever is sooner), if Rates Become Lower You Can “Float Down”

Our Preferred Employer Program (PEP) is a home loan program offered to specific and exclusive employers to add to your current benefit offerings. Our goal is to provide your employees with exceptional service and an exclusive home loan program to purchase or refinance a home.

Program Features
  • $500 off lender fees
  • For Conventional & FHA home loans
  • Follows standard FHA and Conventional underwriting so no delay in closing!
  • Not limited to first-time homebuyers

Saving for a down payment is the number one obstacle for people looking to own a home. At Mountain West Financial, we have over 140 local and national affordable housing products available spanning multiple states. With a searchable database available to you and your homebuyers, you can be sure to give all of your clients the opportunity to own a home.

  • Assistance amounts range from a few hundred to tens of thousands of dollars in downpayment assistance.
  • Loan options from repayable and forgivable second loans to grants that require no repayment.
  • Local and national programs spanning several states
  • Some programs offer additional incentives for educators, government workers and healthcare workers as well as active or retired military personnel, people with disabilities, or homes in redevelopment areas.
  • Our research shows that 60 - 80 percent of homes may qualify!
  • Searchable database that is also available to your homebuyers. 

MyHome Down Payment Assistance Program:

MyHome provides a deferred-payment junior loan – up to 3.5% of the purchase price or the appraised value, whichever is less, to be used for down payment and/or closing costs. (For first-time homebuyers only | California residents only).

*1st-time homebuyer is any borrower that has not owned a home in the last 3 years (with some exceptions). **Can only be combined with an eligible CalHFA first mortgage loan.

Up to 7.0% for Down Payment & Closing Costs

  • Up to 7.0% of the first mortgage loan amount
  • Not limited to first time homebuyers
  • DACA Recipients are eligible
  • For California Residents

This is a fantastic down payment assistant (DPA) option that is designed to help homebuyers and foster realtor relationships!

Available nationwide, Chenoa Fund DPA offers up to 5% in assistance with options for lower rates, principal reduction, and even an option for high-income homebuyers.

Chenoa generates interest as well as business. Approximately one out of four borrowers who respond to a Chenoa advertisement end up using Chenoa Fund.

We have a wide variety of state-specific programs from renowned state agencies. Loan options will vary by location. Contact us to see which programs are available in your area.

  • 0% Down Payment Options
  • 580 minimum FICO
  • Available for Manufactured Homes
  • Available for DACA homebuyers
  • 620 minimum FICO
  • Affordable Housing options with down payments as low as 3%
  • Investment options for 4 or more properties
  • Available for Manufactured Homes
  • Available for DACA homebuyers
  • 5, 7, & 10-year introductory periods
  • Purchase & Refinance options
  • Loan amounts up to $3 million
  • FICO scores as low as 620
  • Down payment as low as 5%

We Can Pre-Qualify Your Homebuyers Before They Decide on a Home to Buy!

At Mountain West Financial Inc., we do To-Be-Determined (TBD) Approvals for most of our programs including Down Payment Assistance Programs and Niche Programs like Fannie Mae’s HomeReady program.

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Mountain West Financial is an Equal Housing Opportunity Lender. NMLS# 164497.