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Thelma Centeno
(909) 467-1500YourKey@rayboninc.com
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  • Thelma Centeno(909) 467-1500
    YourKey@rayboninc.com
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  • 537 N. Euclid Ave Ste:100
    Ontario, CA 91762

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    California Regional Multiple Listing Service

    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

    Find the Right Loan for You

    Smart Choices for First-Time Homebuyers

    SERVICES

    CONVENTIONAL LOANS

    Mortgages that aren’t insured by the government but conform to guidelines established by Fannie Mae and Freddie Mac. You can get a conventional mortgage loan with as little as 3% down, but you’ll need at least a 620 credit score to qualify.

    LEARN MORE

    FHA LOANS

    Home loans insured by the Federal Housing Administration and provided by FHA-approved lenders. You can put as little as 3.5% down with an FHA loan if your credit score is 580 or higher. If you have a score of 500 to 579, you’ll need to put 10% down. FHA loans come with upfront and annual mortgage insurance premiums, usually for the life of the loan.

    LEARN MORE

    VA LOANS

    Mortgages backed by the U.S. Department of Veterans Affairs (VA) available to eligible military borrowers. VA loans require no down payment or mortgage insurance, but you must provide a VA certificate of eligibility to qualify.

    LEARN MORE

    FAQ

    ​Common Mortgage Questions Answered

    • CREDIT SCORES

      You’ll need at least a 620 credit score for a conventional loan and a 580 score for an FHA loan (with a 3.5% down payment). VA and USDA lenders might require a minimum 620 and 640 credit score, respectively.

    • DEBT-TO-INCOME (DTI) RATIO

      Your DTI ratio is a measure of your total monthly debt payments divided by your gross monthly income. Lenders recommend a DTI ratio at or below 43%. You may be able to qualify for a mortgage with a DTI ratio as high as 50%, but you’d need a good credit score and/or a larger down payment

    • DOWN PAYMENT

      Conventional loans are available with a 3% down payment (income limits may apply). You’ll need at least 3.5% down for an FHA loan. There may be no down payment required if you’re eligible for a USDA or VA loan.

    • EMPLOYMENT HISTORY

      Lenders look for proof of steady employment and income for the past two years. Have your pay stubs, W-2s and federal tax returns ready for your lender.

    MORTGAGE INQUIRY FORM

    Ready to take the first step towards your homeownership journey? We’re here to help! Please fill out the form below so we can better understand your needs and guide you through the mortgage process. Our team will reach out to you shortly to discuss your options and answer any questions you may have. Let’s get started!