Q & A: Mortgage Credit Certificates

Click a question to jump right to the answer:

  1. Are there tax credits for first-time home buyers?
  2. What is a mortgage credit certificate?

Are there tax credits for first-time home buyers?

First-time home buyer tax benefits have been offered in the past on both state and federal levels. Speak with your real estate agent to find out if there are any current programs available.   

Main Topic List Back To Questions

What is a mortgage credit certificate?

A Mortgage Credit Certificate (MCC) allows qualifying homeowners to claim a tax credit for a portion of their mortgage interest. Availability, qualification standards and guidelines vary by state and local government; contact your local housing department for more details.

Main Topic List Back To Questions