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Posts By Chris Egan


The $8,000 First-Time Home Buyer Tax Credit Expires December 1, 2009

If you’re planning to claim use the credit and haven’t started looking for a home, your clock is officially ticking.  You must be closed on your new home on or before December 1.
 
Because purchase closings come 60-days standard, therefore, your $8,000 is in jeopardy unless you go under contract prior to October 2, 2009.  That’s [...]

California $8000 Tax Credit As Down Payment

The $8000 tax credit can now be used as a down payment in Buena Park, California.
Shaun Donovan, the Secretary of the US Department of Housing and Urban Development, said that the FHA is going to permit its lenders to allow first Time Home Buyers to use the $8000 tax credit as a down payment.
Secretary Donovan [...]

Chris Egan – LA County, CA Mortgage

Mark 1 Mortgage
Chris Egan
30 Center Pointe #6
La Palma, CA 90623
Main Number: 714-752-5716
Fax Number: 562-684-4234
Email:  Chris (at) myfhablog.com
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About Mark 1 Mortgage:

Mark 1 Mortgage is your local Cerritos Mortgage Broker.
Whether you are a first time home buyer, purchasing your dream home, refinancing an existing loan, or purchasing an investment property, our highly experienced team of Cerritos [...]

LA County FHA Streamline Information

When applying for an LA County FHA streamline refinance in the Cerritos, La Palma, and Buena Park area,  there are two important points that you need to consider:
1)  There is no income qualifying for an FHA streamline refinance
2) There is no appraisal requirement for an FHA streamline refinance
If you have an existing LA County FHA loan [...]