UNIVERSITY OF CALIFORNIA MORTGAGE ORIGINATION PROGRAM
LOAN QUALIFICATION ESTIMATION CALCULATOR
 

This calculator is provided as a tool for potential applicants to determine whether they would meet the minimum requirements for a University of California Mortgage Origination Program loan. The key program parameters are:
 
  • Applicants must be members of the Academic Senate or Senior Management Group
  • The ratio of all secured monthly mortgage payments (principal + interest) to total verified monthly household income may not exceed 40% (P&I/Income Ratio). If you are receiving secondary financing, this ratio is called the Combined P&I/Income ratio.
  • Maximum loan-to-value ratios (LTV) are as follows:
    - For loans <= $1,330,000*, maximum LTV is 90%
    - For loans > $1,330,000*, maximum LTV is 85%
* Loans greater than $1,330,000 require additional campus and systemwide approvals.

These parameters indicate the generally allowed factors, however, each loan application is separately reviewed and final loan approval may be based upon more restricted parameters. Output from this calculator is informational only and does not constitute a pre-qualification.
 
Name:
Enter Location:
Purchase County
Select purchase city, if listed. The listed cities have a transfer tax generally paid by the purchaser. If city is not listed, click on Select a City before moving to next field.
County/City Purchase Location:
Total Monthly Income:
$
Purchase or Refi
$  Enter Purchase Price (for purchase) or Estimated Value (for refinance)
Loan Amount
$
Loan Term (# of months)
Loan Interest Rate
%
Select Loan Type
Secondary Financing - loan amount
$
Secondary Financing - estimated monthly payment
$
Supplemental Home Loan Program
  
Monthly Homeowner Association Fees
$
Monthly Ground Lease (Rent)
$
Other Monthly Debt Payments (i.e. Mortgage pmts on real estate owned property, installment loans, credit card debts, etc.)
$
Property Type


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