Wednesday, September 27, 2017

Mortgage Rates for Borrowers in Energy and Utility Employee in California

If you are employee associated with Energy and Utility segment in California.

A community program is a program where services specific to the industry is considered essential for community development and hence backed by Government Agencies.

We have a community program for employees in Utility and Energy segment. This community program is essentially designed keeping in mind that such employees could have a government job or working for a private employer. We also understand that some job positions could be on purely commission basis or employees could be working full time or part time at certain places. 

Some of the guidelines have been relaxed in terms of higher debts. Some of the employee personnel who are from other countries shall be accommodated using Employment Authorisation Document which is a sort of proof of working permits.

In majority of the cases as long as the mortgage is within the loan limit of Fannie Mae and Freddie Mac. They shall be underwritten as per Government guideline and hence shall have the Government backing.

Some of the positions this program includes are the following:

Utility energy analyst
Energy manager
Energy Engineer
Meter maintenance
Installation and maintenance technician
Oil and Gas superintendent
Energy Dispatcher
Power Scheduler
Drilling engineer
Power Plant Operator


If associated with a different Industry Segment. Contact your Chester CA mortgage expert to check if you qualify for the benefits of community Program to get the lowest mortgage rate on your refinance.

For more information visit www.affordable-payment.com or call 323-705-3191 if you are a California Mortgage borrower.

Article by Roger Shanker

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