About Us

Cal-Mortgage is a Division of the Office of Statewide Health Planning and Development (OSHPD). Cal-Mortgage administers the California Health Facility Construction Loan Insurance Program (Program). Cal-Mortgage provides credit enhancement for eligible health care facilities when they borrow money for capital needs. Cal-Mortgage insured loans are guaranteed by the "full faith and credit" of the State of California. This guarantee permits borrowers to obtain lower interest rates, similar to the rates received by the State of California.

For more information on Cal-Mortgage see the Cal-Mortgage Brochure.

Recently Insured Projects

• Ararat Home of Social Los Angeles, Mission Hills
  Insured Amount $2,990,000
• Chinese Hospital, San Francisdo
  Insured Amount $65,000,000
• Gateways Hospital & Mental Health Center - Los Angeles
  Insured Amount $8,085,000
• Hope Services, San Jose
  Insured Amount $3,185,000
• Marshall Medical Center, Placerville
  Insured Amount $17,805,000
• Odd Fellows Home of California, Saratoga
  Insured Amount $98,550,000
• The Help Group - Los Angeles
  Insured Amount $6,210,000

Pending Loan Closings

• Lompoc District Hospital, Lompoc
  Projected Insured Amount $19,090,000
• Northern California Retired Officer Community, Fairfield
  Projected Insured Amount $45,000,000
• O'Connor Woods, Stockton
  Projected Insured Amount $52,380,000
• San Benito Healthcare District, Hollister
  Projected Insured Amount $27,900,000
• San Ysidro Health Center
  Projected Insured Amount $38,605,000

Cal Mortgage Credit Rating

• Standard and Poor's, A

State of California Credit Rating