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

  • Casa de Las Campanas, San Diego
    Insured Amount $19,000,000
  • Montecedro, Pasadena
    Insured Amount $140,305,000
  • Lincoln Glen Manor for Senior Citizens, Inc., San Jose
    Insured Amount $11,965,000
  • Los Angeles Jewish Home for the Aging, Los Angeles
    Insured Amount $115,605,000
  • Marshal Medical Center, Placerville
    Insured Amount $26,895,000
  • Northern California Presbyterian Homes, San Francisco
    Insured Amount $63,210,000
  • Solvang Lutheran Home, Inc., Solvang
    Insured Amount $3,470,000

Cal Mortgage Credit Rating

  • Standard and Poor's, AA-
  • Fitch, A+
  • Moody's, Aa3

California’s Credit Rating Upgraded to Highest Level in 14 Years, State Treasurer Press Release

State of California Credit Rating

Contact us at:

Cal-Mortgage Loan Insurance Division
Office of Statewide Health Planning and Development
400 R Street, Suite 470
Sacramento, CA 95811

E-mail Cal-Mortgage
Phone (916) 319-8800
Fax (916) 445-2837

Page last revised: June 3, 2016 4:56 PM