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For Current Homeowners

Important Note: With historically low interest rates offered by many lenders, check the rate on all your loans to see if this may be a good time to refinance your first mortgage and/or pay off higher rate loans.

In the current lending environment, some lenders are finding it difficult to lend on campus properties. If your property is leased, you are advised to discuss this with your lender prior to spending time and money securing financing.

Wells Fargo has notified Stanford that at this time, it is not able to offer loans on Stanford leasehold properties or in conjunction with shared appreciation loans from Stanford.


For Current Borrowers

  • Payments on Existing Loans - This page explains how to start or stop payroll deductions and automatic withdrawal of payments. This page also explains where to get copies of IRS Form 1098 Mortgage Interest.
  • Refinancing First Mortgages - Information on subordinating Stanford loans to your new first mortgage loan is contained here.
  • Payoff Procedures - This link explains how to pay off Stanford mortgage loans.
  • Prepayments on Stanford Loans - This page explains how to make partial prepayments on Stanford mortgage loans.
  • Insurance Requirements - Borrowers with current Stanford mortgage loans are required to maintain insurance on their homes during the term of the loan. The University’s insurance requirements are explained here. Many borrowers have questions regarding earthquake insurance. Information regarding earthquake insurance and shopping for earthquake insurance is here: Earthquake Insurance. Borrowers must furnish evidence of insurance to FSH as requested.
  • Faculty Staff Housing Fees - Many services are provided free of charge. For the others, this schedule shows the current transaction fees.


Frequently Asked Questions For Current Borrowers

 

For On-Campus Homeowners

General Information

  • Residential Ground Lease Brochure - This document provides information regarding the terms and conditions of on-campus leaseholds.
  • Insurance Requirements - On-Campus homeowners are required to maintain insurance on their homes during the term of the lease. The University’s insurance requirements are explained here. Earthquake insurance may also be required. Information regarding earthquake insurance and shopping for earthquake insurance is here: Earthquake Insurance. Borrowers must furnish evidence of insurance to FSH as requested.
  • Home Improvements - Documents that explain the process and requirements for any campus home improvement project are on this page.
  • Assigning a Lease to a Trust - This document contains forms and instructions for assigning a campus lease to a trust.
  • Estoppel Certificate - A mortgage lender may request this document which addresses the current status of a Residential Ground Lease.
  • Utilities - This is a list of utility providers for on-campus homes.
  • SCRA - Join the Stanford Campus Recreation Association, a community athletic club.
  • SCRL - Link to Stanford Campus Residential Leaseholders.
  • Emeriti/Retirees - Information and resources that apply to emeriti and retirees who live on-campus can be found here.
  • New law as of July 1, 2011. The Carbon Monoxide Poisoning Prevention Act (Senate Bill - SB183). Link to the frequently asked questions created by the California State Fire Marshal.

For Sellers

  • Selling On-Campus - This document explains the process of selling a campus home.
  • Homes For Sale and Rent - Listing of campus homes for sale and rent.
  • Purchase Contract Documents - Purchases on-campus require the use of these documents.
  • On-Campus Disclosures - This document contains a list of factors to consider when looking for properties to purchase on-campus.
  • Future Housing Sites - This map of future housing sites is from the 2000 General Use Permit.
  • Realignment of Campus Drive - As outlined in the 2000 Stanford Community Plan, work is progressing on the site and concept plans for the realignment of Campus Drive at Mayfield Avenue. Additional information can be obtained by contacting Cathy Blake, Associate Director, Stanford University Architect/Campus Planning and Design Office, 650.723.3441.
  • On-Campus Sales Statistics - This page contains the number of sales by academic year and the most recent annual high and low prices.
  • Campus Housing Sales - History of recent campus home sales.

Faculty Staff Housing Fees
Many services are provided free of charge. For the others, this schedule shows the current transaction fees.


Frequently Asked Questions For Leaseholders

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Important Notice
Nothing on this site or in the documents it contains should be construed as an offer or commitment of any kind. Programs and eligibility requirements can be changed or discontinued without notice.


 
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