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Don't have enough money for a down payment?

We Can HELP with

Down Payment Assistance Programs!

Ready to complete your application online? No problem!


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Get Approved with us through one of our many Loan Programs and buy the home of your dreams. Let us answer all of your questions and help you the best way know how.

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Looking to consolidate debt? Lower your payment or rate? Remove Mortgage Insurance? Cash out and buy another home? Look no further. We have programs for every situation.

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Find out how much you can afford with our mortgage calculators. Calculate monthly payment, difference between renting and a mortgage, debt to income ratio, tax savings, and more. 

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We are...Ur#1LocalLender

Marcia Frater
Loan Officer | NMLS#: 247105

Hi there, The Frater Team is your Local Mortgage Expert to get you the home loan you need. We have been able to help our Clients get what they want no matter the market challenges and the industry restrictions. Our "Can Do" Attitude comes from many years of being a top producing loan Origination team in the Inland Empire. 

Our listening skills, creative problem solving and forward thinking gives us the edge to get approvals when others couldn't. You can count on us because of our courageous, direct and trustworthy approach to business. Like other Lenders we can say the usual "we close on time, "we are a direct lender" etc. however, that is what's expected in the Lending business right? The difference is in how it all gets done... We do not give up and we do not take a Loan on, unless we know it will work. 

We maintain constant communication with you, via email text and phone and YES - "in person" when you need us and as often as you need us to do so. You can trust us to guide you through Financing Process and to present the financing Options to help you meet you goal of Home Ownership, Whether you need help with a 100% Down Payment Assistance program or a Jumbo loan. 

With strong work ethics and passion you can trust us to keep the promises we make.

Also, Ur1LocalLender have programs for every home refinancing in California.


Your Strategic Partner

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My clients are my number one priority, and my services prove just how committed I am to their success. Book an introductory meeting today to learn more about how I can make your business thrive.


My services are customized to meet the specific needs of each client. I work collaboratively throughout the entire process and guarantee measurable results. Contact me to find out how I can help today.


The constant communication with me, made me feel like I wasn’t in this alone, like they were with me every step of the way.

Winifred R.

Marcia kept me informed on the different loans that I qualified for when buying the house. She will always call me with a personal touch and took her time on explaining so I could understand. I want to say thank you and she made my journey pleasant. 😇

Sharon S.

I have worked with Marcia in the past and would follow here wherever she goes. She is consistent, honest, and trustworthy! She keeps in constant communication and answers any and all questions that come up. I have and will keep referring people her way!!


Don't let her go, she is a gem!!

Lisa R.

I really appreciate Marcia and Alejandra's help and getting me my first home. It was a roller coaster ride getting to that process of being a home buyer but they made sure that I was on top of everything and was very patient throughout. Thank you again girls!!

Rachel S.

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Featured Videos

Is a Home Equity Line of Credit Right for you?

Is a Home Equity Line of Credit Right for you?

When contemplating tapping into the equity of your home for cash, it's beneficial to explore the available options. If your current mortgage boasts a favorable rate, consider a home equity line of credit as a potential choice. With a home equity line of credit, you can maintain your existing rate while accessing the cash you require. So, what exactly is a home equity line of credit? It is a secondary mortgage that provides cash access based on your home's value, also serving as a primary mortgage if you fully own your home. The borrowing is against your equity, calculated as your home's value minus the amount owed on your primary mortgage. Typically, you can borrow up to 85% of your equity, contingent on your credit score and debt-to-income ratios. A home equity line of credit allows you to withdraw and repay cash on a monthly basis, resembling the structure of a credit card. When seeking a loan, leveraging the equity in your home often results in obtaining the most favorable interest rates. Key points: Home equity line of credit enables you to borrow cash from your home's value, ideally for wealth-building purposes like home improvement or significant life events. We permit borrowing up to 85% of your home's value minus outstanding mortgage debts. Typically, you have 5-10 years for cash withdrawals and an additional 20-25 years for repaying the principal with interest at a variable rate. Qualification requirements usually include a credit score over 620, a debt-to-income ratio below 50%, and a minimum equity of 15%. About home equity line of credit rates: The APR for home equity line is influenced by factors such as credit scores, existing debts, and the desired loan amount. We offer a fixed rate option for home equity line of credit and home equity loans, allowing you to lock in your APR during equity withdrawals, protecting your loan from fluctuating interest rates. Other home equity line of credit rates are tied to prime rate with a margin added based on the borrower's profile. For example, a 1.5% margin on an 8.5% prime rate results in a 10% borrower rate. Some home equity lines of credit have variable interest rates, adjusting with baseline interest rate changes, but still typically lower than credit cards or personal loan rates. If you're apprehensive about potential future rate increases, a fixed rate home equity line of credit or home equity loan might be preferable. Only one thing is certain when it comes to home financing, you're likely to have questions. Give us a call to answer them when you're ready. Reach out or apply now with a soft credit pull. Ur1LocalLender - The Frater Team Marcia M. Frater Loan Officer | NMLS No. 247105 Mobile: (951) 830-2065 Office: (951) 284-4621 1265 Corona Pointe Court | Corona, CA 92879 #Ur1LocalLender #TheFraterTeam


There are fantastic opportunities regarding 100% home loan financing. These programs are available even if you currently own a home or if you're not a first-time home buyer and are also available to military veterans. 100% home loan financing, also known as zero down payment mortgages, allows you to finance the entire purchase of your home without needing to make a down payment. This means you can buy a home with no money down. Some programs will cover some of the closing costs and allow the sellers to pay closing costs, which can be incredibly appealing, especially for first-time home buyers or those with limited savings. The benefits of 100% home loan financing are clear. You can become a homeowner without having to wait years to save up for a down payment. This can help you to get into your dream home sooner and avoid the need to continue renting while you save up funds. By removing the need for a down payment, these programs open the doors for home ownership that may have seemed out of reach before. You can use your savings for other purposes, or if you're a homeowner looking to transition, you won't need to wait to sell your current property before moving into your new home. While eligibility may vary depending on factors such as credit scores, income, and debt-to-income ratios, these programs offer a viable path to home ownership for many individuals and families. We offer programs with FICO scores as low as 600, no income limits, and higher debt-to-income ratios. Let us take 15 minutes to guide you to the option that works best for you. If you're interested in learning more about these down payment assistance programs and how they can benefit you, please reach out to schedule a consultation. We'll take the time to assess your circumstances and help you find the perfect fit. Some of these programs not only offer 100% financing options, they also offer closing cost assistance. Don't let down payment stand in the way of your home ownership dreams. With down payment assistance up to 100% financing options available, we're excited to help you take the next step towards finding and securing your ideal home. Looking forward to speaking with you soon. Ur1LocalLender - The Frater Team Marcia M. Frater Loan Officer | NMLS No. 247105 Mobile: (951) 830-2065 Office: (951) 284-4621 1265 Corona Pointe Court | Corona, CA 92879 #Ur1LocalLender #TheFraterTeam
INITIAL CalHFA ZIP PROGRAM - Making Homeownership a Reality: Cal HFA's First-Time Buyer Program!

INITIAL CalHFA ZIP PROGRAM - Making Homeownership a Reality: Cal HFA's First-Time Buyer Program!

Discover the California first-time home buyers' home loan program, Cal HFA, tailor-made to turn your dream of homeownership in the Golden State into a reality. Offering a down payment as low as three and a half percent and covering closing costs, this program ensures genuine 100 percent financing. Learn how you can secure a home in Riverside, San Bernardino, or even Los Angeles with minimal out-of-pocket expenses. Benefit from Cal HFA's resources, such as zero interest rate programs for closing costs and potential assistance from sellers or gifts. As a Cal HFA approved loan officer, Marcia is committed to delivering precise quotes and guiding you through income limits, debt-to-income ratios, and the distinctions between conventional and FHA programs. Take the first step towards owning your home and seize the opportunities awaiting you by reaching out to Marcia today. Ur1LocalLender - The Frater Team Marcia M. Frater Loan Officer | NMLS No. 247105 Mobile: (951) 830-2065 Office: (951) 284-4621 1265 Corona Pointe Court | Corona, CA 92879 #Ur1LocalLender #TheFraterTeam #CalHFA #CaliforniaHomeBuyers #FirstTimeHomeBuyer #GoldenStateHomes #HomeownershipDreams #ZeroDownPayment #ClosingCostAssistance #RiversideRealEstate #SanBernardinoHomes #LosAngelesRealEstate #HomeBuyingJourney #FinancialFreedom #DreamHomeGoals #MortgageAssistance #HomeLoanOptions #Firsttimehomebuyer
CALHFA INCOME LIMITS - Navigating Income Limits: Your Guide to the Cal HFA Home Loan Program

CALHFA INCOME LIMITS - Navigating Income Limits: Your Guide to the Cal HFA Home Loan Program

Discover everything you need to know about income limits for the Cal HFA California first-time home buyers Home Loan program. We aim to walk you through the specifics, emphasizing the income limit range of $159,000 to $300,000 for first-time buyers under Cal HFA's zero interest rate and My Home Loan programs. We highlight counties like Riverside, San Bernardino, Los Angeles, and San Diego, stressing the importance of being a first-time buyer as a key qualification. We also emphasize the requirement that individuals must not have owned a home within the last three years to qualify. If you're considering this program, reach out to our team for personalized assistance in determining your purchase price limit based on income and exploring pre-approval options. We offer support in understanding debt-to-income ratios and the differences between conventional and FHA loan programs. This video is designed to educate potential homebuyers about income limits and qualification criteria for the Cal HFA program, providing expert guidance throughout the homebuying journey. Ur1LocalLender - The Frater Team Marcia M. Frater Loan Officer | NMLS No. 247105 Mobile: (951) 830-2065 Office: (951) 284-4621 1265 Corona Pointe Court | Corona, CA 92879 #Ur1LocalLender #TheFraterTeam #CalHFA #HomeLoanProgram #FirstTimeHomeBuyers #IncomeLimits #HomeBuyingGuide #ZeroInterestRate #PersonalizedAssistance #PreApprovalOptions #DebtToIncome #ExpertGuidance
Unlocking Home Affordability: Understanding FICO Scores with Cal HFA

Unlocking Home Affordability: Understanding FICO Scores with Cal HFA

The correlation between their FICO score and their home affordability under the Cal HFA Home Loan program. It's clarified that debt-to-income ratios are pivotal in determining eligibility and the extent of affordable housing. The breakdown of front-end and back-end ratios is provided, with emphasis on the backend ratios' limitation to 45 percent of gross income for a FICO score of 640 in FHA loans and 660 in conventional loans. However, for FICO scores exceeding 700, backend ratios can extend to 50 percent for both FHA and conventional loan programs. It's highlighted that a FICO score of 640 for FHA-based financing and 660 for conventional financing permits 100 percent financing with covered closing costs, whereas a 700 FICO score enables a higher purchase price eligibility. Additionally, the impact of various factors like student loans and spousal support on debt-to-income is acknowledged. As a Cal HFA approved loan officer, reach out to us for assistance in determining their debt-to-income ratios and pre-approved purchase price, as well as to understand the differences between conventional and FHA financing programs, along with the advantages of utilizing the lower interest rate program. Ur1LocalLender - The Frater Team Marcia M. Frater Loan Officer | NMLS No. 247105 Mobile: (951) 830-2065 Office: (951) 284-4621 1265 Corona Pointe Court | Corona, CA 92879 #Ur1LocalLender #TheFraterTeam #HomeAffordability #FICOScore #CalHFAProgram #DebtToIncome #MortgageQualification #FirstTimeHomeBuyers #LoanPrograms #HomeBuyingTips #FinancialEducation #RealEstateFinance
Real Estate Market Update February 2022

Real Estate Market Update February 2022

Hi there it’s Marcia Frater - with the Frater Team - UR Local Lender Well Folks, it seems as if the Mortgage Rates will rise along with inflation during the first part of the year to have an average of 3.75% interest rate. This will cause demand to be slightly softer due to rising Interest Rate, but the Market will remain robust. The reason you are still seeing the Overbidding and the supply crunch while shopping for a home is that there is still a gap with the number of households compared to the number of available housing. However, we are going to still see housing remain strong in 2022. The projection is that supply will increase but will remain tight due to labor; supply chain disruptions, even the semi-conductor shortage will play a role. As rents continue to rise, it is about a 5% increase in rents projected for this year. This will help many to see the benefit of purchasing amidst today’s market condition. The forecast for housing market is to see 5-7% Appreciation. This still provide great wealth creation opportunities. The question I am hearing most is “Should I Bid Over Asking Price?” “Should I Take advantage of the Equity gained over the last 2 years?” As it is different for each family, give me a call to discuss your Value Break Even point when you over-bid, how soon will you break even based on todays forecasted Appreciation. The Cost of Waiting - will it benefit you? Current homeowners can take advantage of the current Interest rate and the equity in their homes to Pay off Bills, Make Home Improvement, Refinance their Down Payment Assistance program to remove the Mortgage Insurance… We are only a phone call away to discuss the benefits. Let us help us you to create Wealth through Home-Ownership….it is still possible. Call us at 888-613-8325 Ur1LocalLender - The Frater Team Marcia M. Frater Loan Officer | NMLS No. 247105 Mobile: (951) 830-2065 Office: (951) 284-4621 1265 Corona Pointe Court | Corona, CA 92879 #Ur1LocalLender #TheFraterTeam
Cash Out Refinance is Popular Right Now | UR1LocalLender | 9518302065

Cash Out Refinance is Popular Right Now | UR1LocalLender | 9518302065

So Friends and family we are headed into the last quarter of the year and what a year it has been. I wanted to make this video to give you my outlook on the rest of the year. I feel Values will continue to increase, not at the acceleration we saw earlier this year but at a slower pace. But increase it will. Due to housing demand; availability; affordability; inflation and low interest rates. We will continue to see it as an increase for those looking to buy or Appreciation for those already Home Owners. I feel we will see a rise in interest rates in 2022, as the Feds keep announcing their intention to increase interest rates next year. We know nothing this good - Like low interest rates - last forever. Therefore, we anticipate and plan for the increase in the Fed rates. Cash out refinance is popular right now as folks can get rates as low as 1.75%... imagine getting Cash from your home equity at this rate... tax free!. Cash that can be used to set aside money for your kids College tuition, to have the cash to start a business, or having the cash reserves to change jobs or profession. Just imagine all the possibilities. Whenever the opportunity is there to refinance, it is always the Best Time to refinance. I am happy that I can help my Clients during these times. I am seeing Clients realize their goals and dreams, taking advantage of the increasing values in their home to take dream vacations, caring for their loved ones. Expanding and or improving their homes. Being your Loan Officer for life, I will continue to give you Market Updates to benefit you. Need help with your decision, Direct Message Me or call me at 951-830-2065 UrLocalLender - The Frater Team Marcia M. Frater Loan Officer | NMLS No. 247105 Mobile: (951) 830-2065 Office: (951) 284-4621 1265 Corona Pointe Court | Corona, CA 92879 #Ur1LocalLender #CashOutRefinance #TheFraterTeam
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