California Seismic Safety Capital Access Loan Program |
 |
Tools for Participating Financial Institution Lenders
CalCAP/Seismic Safety Loan Loss Reserve (LLR) Funding Rates
| LLR Funding Rates (0-60 months) |
LLR Funding Rates (61-120 months) |
|
| 2%-3.5% | Participating Financial Institution Contribution | 2%-3.5% |
| 2%-3.5% matches participating financial institution contribution |
Borrower Contribution | 2%-3.5% matches participating financial institution contribution |
| 8%-14% 4 times participating financial institution contribution |
CalCAP/Seismic Safety Contribution | 6%-10.5% 3 times participating financial institution contribution |
| 4%-7% 2 times participating financial institution contribution |
Severely Affected Community (SAC) Contribution | 2%-3.5% matches participating financial institution contribution |
| 16%-28% 8 times participating financial institution contribution |
Maximum LLR Deposit | 12%-21% 6 times participating financial institution contribution |
| 12%-21% | CalCAP/Seismic Safety recapture at maturity or selected loan term | 8%-14% |
| 4%-7% 2 times participating financial institution contribution |
Amount remaining in LLR | 4%-7% 2 times participating financial institution contribution |