Mortgage Credit Certificates

The Mortgage Credit Certificate is a program designed to help eligible homebuyers save money by reducing their federal income tax liability. Are you offering your clients this opportunity?

Through the MCC program, qualified homebuyers receive a federal income tax credit equal to a percentage of the mortgage interest paid each year. The credit is applied directly to the homebuyer’s annual tax liability, reducing the amount of federal income tax owed. This results in increased disposable income for the homeowner, as they can use the savings to cover other expenses or potentially qualify for a larger mortgage.

By offering this program to your clients, you can increase the likelihood of closing on a sale and creating more opportunities for your clients to achieve their homebuying dreams.