Ontario Mortgage Broker
Find a Ontario, California (CA) mortgage broker. We have access to several Ontario mortgage lenders who are competing for your business. Let us do the shopping for you.
Ontario, California is home to more than 165,000 residents. Housing in Ontario is affordable with a median house value being at $140,000. The housing market has been very steady in the past several years. Ontario is within a reasonable driving distance of Los Angeles.
California Loan Facts
- Community Property State - Since California is a community property state, you must include the liabilities of both the husband and the wife when calculating debt-to-income ratios for a California mortgage. You can still do a loan in one name, however, you must include the liabilities of both the husband and the wife.
- Low Closing Cost State - HUD has determined certain states to be high closing cost states and others to be low closing cost states. California is classified as a low closing cost state due to lower than normal title fees and other closing fees.