Plan on Buying a Home? Be sure to take advantage of a federal tax credit program called Mortgage Credit Certificates! MCCs enable an eligible first-time home buyer to claim a federal tax credit for a specified percentage of the mortgage interest payments. Comment below for a free fact sheet!
Related Article Title: Mortgage Credit Certificates and Refinances Question: When a client’s original loan is a Housing Finance Agency Mortgage Credit Certificate, can a refinance be done while keeping the MCC tax benefit? MCC Income Analyzer – Chart Answer: Great question! I found something to help you in the Fannie Mae selling guide, but I […]