The Best Mortgage Lenders in Fontana, CA
Compare verified mortgage lenders serving Fontana, California. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Fontana
Featured Mortgage Lenders
CrossCountry Mortgage, LLC
CrossCountry Mortgage, LLC
CrossCountry Mortgage stands out as one of the highest-rated mortgage lenders serving the Fontana area with exceptional customer satisfaction ratings. As a direct lender with over two decades of experience, they offer competitive rates and a wide variety of loan programs including specialized options for first-time homebuyers. Their local Rancho Cucamonga office provides personalized service with deep knowledge of the Inland Empire housing market, and they're known for their efficient processing and closing times.
Loan Types:
PrimeLending
PrimeLending, A Plainscapital Company
PrimeLending has built an outstanding reputation throughout Southern California with particularly strong presence in the Inland Empire region serving Fontana homebuyers. With over three decades of experience, they offer competitive rates and a comprehensive suite of mortgage products. Their team is praised for exceptional communication throughout the loan process and expertise in navigating complex financing situations. They maintain high customer satisfaction ratings and are known for their reliable service and local market knowledge.
Loan Types:
Altura Credit Union
Altura Credit Union
As one of the largest credit unions in the Inland Empire, Altura Credit Union has been serving Riverside County residents including those in Fontana for over six decades. They offer highly competitive mortgage rates to members and exceptional customer service with a community-focused approach. Their mortgage team provides personalized guidance through the entire homebuying process and offers special first-time homebuyer programs. Members consistently praise their transparency, low fees, and commitment to finding the right mortgage solution for each borrower's unique situation.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Fontana, CA
What are the current mortgage rates like for homebuyers in Fontana, CA?
Mortgage rates in Fontana typically align with national averages but can be influenced by local market competition. Currently, rates for 30-year fixed mortgages in the Inland Empire region hover in the mid-6% range, though borrowers with excellent credit may secure slightly lower rates. It's advisable to compare offers from multiple local lenders as rates can vary significantly between institutions.
Are there any first-time homebuyer programs specifically available in Fontana?
Yes, Fontana homebuyers can access several programs including the California Housing Finance Agency's CalHFA programs and the City of Fontana's First-Time Homebuyer Assistance Program. These programs offer down payment assistance, lower interest rates, and favorable terms for qualifying buyers. Eligibility typically depends on income limits and completing homebuyer education courses.
How does Fontana's competitive housing market affect the mortgage pre-approval process?
Given Fontana's competitive real estate market, having a strong pre-approval is crucial for making competitive offers. Sellers often prefer buyers with full underwriting pre-approvals rather than basic pre-qualifications. Working with local lenders familiar with Fontana's market dynamics can help expedite the process and make your offer stand out in multiple-bid situations.
What special mortgage considerations should I know about for Fontana's newer developments?
Many new construction homes in Fontana's master-planned communities require specific builder-approved lenders and may have different closing timelines. Some builders offer closing cost incentives if you use their preferred lenders, but it's wise to compare these offers with independent local lenders. Additionally, Mello-Roos taxes are common in newer Fontana developments, which can affect your debt-to-income ratio calculations.
Are there any local down payment assistance programs unique to Fontana?
The City of Fontana offers a Mortgage Credit Certificate program that provides qualified first-time homebuyers with a federal tax credit for mortgage interest paid. Additionally, the Fontana Housing Authority occasionally administers local down payment assistance programs funded through the city's affordable housing funds. These programs often have limited funding and specific eligibility requirements based on neighborhood and income.
Why Choose a Mortgage Lender in Fontana?
Local Market Knowledge
Lenders who understand Fontana's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in California.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Fontana and get competitive rates on your home loan.