MCC Tax Credit (Mortgage Credit Certificates) Helping to Make Mortgages More Affordable

MCC Tax Credit (Mortgage Credit Certificates) Helping to Make Mortgages More Affordable

Mortgage Credit Certificates allow you an itemized tax deduction of 20% of your mortgage interest for that year.  This program is only available for a new mortgage on a home that will be a person's primary residence.  It is designed to relieve the mortgage burden on lower to moderate income households.  It is not available for all loan types, and only through participating lenders.  Check out this video where Carolyn Kruithoff from Treadstone Mortgage explains the MCC tax credit:

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Lisa VanderLoo

Lisa VanderLoo

Sales Associate
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