The market in Ontario has come into balance, with increased inventory of housing and prices moderating somewhat. Real estate remains a solid investment in Ontario, with analysts predicting a 7% rise in value this year. One thing we can guarantee is that with California Mortgage we will find you the best rate in Ontario, no matter what your credit situation might be.
If you are looking to buy in Ontario, or refinance, we are here to help. We offer an array of home loan products, mortgages and home equity loans to suit your budget and lifestyle. We work with local and national lenders to make sure that you get the best rate possible.
Buying a new home in Ontario
Some things you might want to keep in mind when buying a new home are; how much can you afford to pay each month; what are current mortgage rates; what kind of loan program might work for you; and what are Ontario property taxes. We have some great mortgage calculators that can help you figure how much home will fit into your monthly budget. Don’t forget there are many other home options out there specifically for California residences.
Refinancing in Ontario, CA
It may also be time to lock in long-term fixed rates on your mortgage, ensuring a predictable monthly payment rather than the variability of adjustable rates. Refinancing can be an intimidating task. That is why we are here.We have some great online refinance calculators that can help you figure out what your new payments will be, how much you can save over the life of the loan, and how much you might want to pull out of your home based on monthly payments. Remember, a refinance loan is a great way to pay off your high interest credit cards.
Quick Ontario Housing facts
Median Household Income: $46,270
Median Ontario Home Value: $301,392
Home price gain, 2 – 5 years: 39.55%
Ontario, CA Taxes
The property tax rate in California is 1%, or $1 for every $100 assessed value, with a 2% increase each subsequent year. Be sure to check whether your property is in a special levy district. There could be local bonds issued after a referendum voted locally for schools, libraries, sewers, etc.
This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.