Welcome to OSHPD

California Office of Statewide Health Planning & Development

Cal-Mortgage Loan Insurance
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

  • Enlo Medical Center - Chico
    Insured Amount $235,595,000
  • Institute on Aging - San Fransico
    Insured Amount $41,405,000
  • La Maestra Family Clinic - San Diego
    Insured Amount $18,500,000

Pending Loan Closings

  • AIDS Healthcare Foundation - Los Angels
    Projected Insured Amount $1,100,000
  • St. Rose Hospital - Hayward
    Projected Insured Amount $50,670,000
  • Pilgrim Place In Claremont, Inc - Claremont
    Projected Insured Amount $23,915,000

Cal Mortgage Credit Rating

  • Fitch, A+
  • Moody's, A1
  • Standard and Poor's, A+ (Stable Outlook)

State of California Credit Rating

 
Page last revised: September 8, 2008 7:55 AM