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Ray Cela, (NMLS ID 899576)

Ray Cela

Sr Loan Advisor NMLS ID: 899576

50891 Sabrina Drive

Shelby Township, MI 48315

Whether you're a first-time buyer, purchasing a second home or simply refinancing, I can personalize a home lending solution that’s tailor-fit to your needs.

As a senior mortgage loan officer with extensive experience in home lending, I have personally assisted numerous families, investors, and first-time homebuyers with their financing needs. My expertise in home financing includes conventional, jumbo, FHA, and VA mortgage loans as well as second homes, investment properties, and more.

 

As a top producer with Flagstar Bank, I work hard every day to make sure my clients get into the right programs every time, on time. I work 24/7 to make sure that your questions are answered at a moment's notice.

 

Whether you are looking to buy a new home, refinance an existing mortgage, or take advantage of home equity to upgrade your home or consolidate debt, I'm ready, willing, and able to assist you every step of the way.

 

I look forward to meeting you.

Mortgage Specialization

  • Adjustable-Rate Mortgages
  • Condominium Financing
  • Construction Loans
  • FHA Government Loans
  • First-Time Home Buyer Programs
  • Fixed-Rate Mortgages
  • Investment Property Loans
  • Jumbo Loans
  • Low-to-Moderate Income Lending Program
  • Pre-Qualifications
  • Professional Loans
  • Renovation Loans
  • Second Homes
  • USDA Rural Housing
  • VA Government Loans

Client Testimonials

Saqib A.
He is a gem of a person. I bought two homes with him, and I completely trust him. He is honest, knowledgeable, professional, knows the market, and does the very best for his clients. Flagstar is so lucky to have people like Ray working for them.
Joseph T.
Ray is honest and makes us feel safe and confident when sharing our financial information. Ray was always available to answer any questions we had and kept us updated on documents needed and follow through. We highly recommend Ray.
Arjan E.
Ray Cela is THE BEST loan officer, very helpful and willing to get things done in a timely manner!

Find the loan product that's right for you.

Are you looking to purchase a new property or refinance an existing one?

Today's Rate
Mortgage Rate APR
30-Year Fixed 7.064% 7.219% 1
15-Year Fixed 6.239% 6.484% 2
FHA 30-Year Fixed 5.841% 6.722% 3

1Rate 7.064% with an APR of 7.219% as of 1/30/2025 10:09 AM EST. The APR calculation is based on a 30-year fixed-rate mortgage in the amount of $240,000 for the purchase of a single-family, primary residence with 80% loan-to-value (LTV) or 20% down payment, minimum borrower credit score of 740, and estimated points of 1% of the loan amount, and origination fee of $1,295 with 360 monthly payments in the amount of $1,607. Payment amount does not include taxes and insurance which means your monthly obligation will be greater. Actual payment amount will vary based upon credit history, rates in effect at the time of consummation, LTV and other credit factors. A LTV ratio above 80% may result in a need for mortgage insurance. If mortgage insurance is required, the amount of your payment will increase. The APR is subject to change at any time prior to consummation, and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. All borrowers are subject to qualification, underwriting approval, lender terms and conditions. Terms, conditions, and rates are subject to change without notice.

2Rate 6.239% with an APR of 6.484% as of 1/30/2025 10:09 AM EST. The APR calculation is based on a 15-year fixed-rate mortgage in the amount of $240,000 for the purchase of a single-family, primary residence with 80% loan-to-value (LTV) or 20% down payment, minimum borrower credit score of 740, and estimated points of 1% of the loan amount and origination fee of $1,295 with 180 monthly payments in the amount of $2,056. Payment amount does not include taxes and insurance which means your monthly obligation will be greater. Actual payment amount will vary based upon credit history, rates in effect at the time of consummation, LTV and other credit factors. A LTV ratio above 80% may result in a need for mortgage insurance. If mortgage insurance is required, the amount of your payment will increase. The APR is subject to change at any time prior to consummation, and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. All borrowers are subject to qualification, underwriting approval, lender terms and conditions. Terms, conditions, and rates are subject to change without notice.

3Rate 5.841% with an APR of 6.722% as of 1/30/2025 10:09 AM EST. The APR calculation is based on a 30-year fixed-rate mortgage in the amount of $240,000 for the purchase of a single-family, primary residence with 96.5% loan-to-value (LTV) or 3.5% down payment, minimum borrower credit score of 740, estimated points of 1% of the loan amount, and origination fee of $1,295 plus 1.75% FHA funding fee with 360 payments in the amount of $1,439. Payment amount does not include taxes and insurance, which means your monthly obligation will be greater. Actual payment amount will vary based upon credit history, rates in effect at the time of consummation, LTV, mortgage insurance premiums, and other credit factors. Program terms available may vary based on the state and county in which the financed property is located. The APR is subject to change at any time prior to consummation, and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. All borrowers are subject to qualification, underwriting approval, and lender terms and conditions. Terms, conditions, and rates are subject to change without notice.

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Spend a few moments to get a better idea of your bottom line. Are you looking to purchase a new property or refinance an existing one?

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Ray Cela

Sr Loan Advisor NMLS ID: 899576

50891 Sabrina Drive

Shelby Township, MI 48315

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