The City of Los Angeles Housing & Community Investment Department Mortgage Credit Certificate program provides eligible, first-time homebuyers in the City of Los Angeles with a federal income tax credit based on a specified percentage of the annual interest paid on a mortgage. The tax credit is a dollar-for-dollar reduction to the homebuyer’s potential federal income tax liability that increases the household income available to qualify for a home mortgage and to make monthly mortgage payments.

Lakeside is a census designated place in San Diego County, California. Lakeside gives its residents the peace and tranquility of living far from city life, but the proximity to the city of San Diego that is convenient for todays families. With easy access to the recreational benefits of the deserts and the mountains, Lakeside is an excellent place to live whether youre a single, active adult or a family that wants your kids to grow up in a safe haven, close to the great outdoors. One of the most rural areas of San Diego County, Lakeside offers all the benefits of the sunny region without the congestion of the metropolitan area. Its a great place for those who prefer a slower life or want that lifestyle when they come home from work.

Within commuting distance of downtown San Diego and other major hubs of business in the county, there are certainly many Lakeside residents who like to alternate between city and country life. But the majority of people here are content with the slow paced lifestyle that the area is known for.

Sales Quarter Number Of Sales Current Median Price Previous Median Price Percent Change yearoveryear
4Q2017 539 $471,500.00 $439,000.00 7.4%
3Q2017 142 $480,000.00 $439,500.00 9.2%


Connect with a Loan Officer

Loan Officer Thomas Johnston

Loan Officer Thomas Johnston | NMLS# 1583463; Arizona, California, Oregon, Texas and Washington

Thomas is your mortgage loan originator, who works side by side with a strong team that shares the same devotion to excellence.
Experienced, knowledgeable, and always up to date on the industry's latest products, Thomas strives to exceed the customers' expectations in each and every transaction.

Do you have any questions? Please call (855) 772-2508


Agency Target vs Non-Target Tax Credit Household size: 1-2 Household size: 3+ Purchase Price Limits First Time Application Fee Property Type

City of Los Angeles Housing & Community Investment Department MCC Program

Target
15%
$99,600
$116,200
$595,978
Yes
$150
SFR,Townhome & Condo
Non-Target 15%
$99,600
$116,200
$595,978
Yes
$150
SFR,Townhome & Condo

Purchase an eligible home in the City of Los Angeles; City of Lakeside;


Connect with a Loan Officer

Loan Officer Thomas Johnston

Loan Officer Thomas Johnston | NMLS# 1583463; Arizona, California, Oregon, Texas and Washington

Thomas is your mortgage loan originator, who works side by side with a strong team that shares the same devotion to excellence.
Experienced, knowledgeable, and always up to date on the industry's latest products, Thomas strives to exceed the customers' expectations in each and every transaction.

Do you have any questions? Please call (855) 772-2508

Other products available in the City of Lakeside



City of Los Angeles Housing & Community Investment Department MCC Program is available in the following areas/cities