MCC Certificate-Calculation of Ratios: How is an MCC Credit used to qualify a borrower?

[View Video Training Course, What You Need to Know about the Mortgage Credit Certificate Program)]Answer: Fannie Mae and FHA allow Mortgage Credit Certificates, but they qualify them differently. Contact me for details! The guidance is the same for both Fannie Mae and Freddie Mac, and your underwriter/lender is following the requirements to add the MCC […]

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