The CalSTRS Home Loan Program, established in 1984 and administered by Countrywide since 2004, offers competitive mortgage options to California public school employees and members of the California State Teachers' Retirement System. It includes various loan products such as standard conventional and the 80/17 series, with specific eligibility requirements and guidelines for borrowers, properties, and underwriting processes. Additionally, the program ensures that mortgage payments contribute directly to the teachers' retirement fund.