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

• Beacon House - San Pedro
  Insured Amount $1,505,000
• Family Health Care Network - Visalia
  Insured Amount $11,225,000
• Fellowship Homes, Inc. - Modesto
  Insured Amount $2,785,000
• Gateways Hospital & Mental Health Center - Los Angeles
  Insured Amount $8,085,000
• Social Science Services, Inc. - Bloomington
  Insured Amount $1,055,000
• St. John's Well Child and Family Center - Los Angeles
  Insured Amount $65,000,000
• The Help Group - Sherman Oaks
  Insured Amount $23,360,000
• TLC Child & Family Services - Sebastopol
  Insured Amount $2,475,000

Pending Loan Closings

• The Help Group - Los Angeles
  Projected Insured Amount $7,150,000

Cal Mortgage Credit Rating

• Standard and Poor's, A-

State of California Credit Rating