City of Orange – Mortgage Credit Certificate (MCC)
Posted on 10. Nov, 2009 by Scott Schang in City Assistance Programs, Down Payment Help
Mortgage Credit Certificate Program Fact Sheet The Mortgage Credit Certificate (MCC) Program enables first-time homebuyers to receive a federal income tax credit of 15% of the annual mortgage interest paid. MCC’s reduce federal income tax, increase take-home pay, and increase the qualifying loan amount for homebuyers. Program assistance is available only to income-eligible persons and [...]
El Dorado County Mortgage Credit Certificate Program
Posted on 09. Nov, 2009 by Scott Schang in County Assistance Programs, Down Payment Help
MORTGAGE CREDIT CERTIFICATE PROGRAM The El Dorado County Mortgage Credit Certificate Program is available to provide home purchase assistance in the City of South Lake Tahoe and the unincorporated areas of El Dorado County. The Mortgage Credit Certificate Program reduces the amount of federal income taxes a homebuyer pays. This allows the homebuyer to qualify [...]
Riverside County First Time Home Buyer Mortgage Credit Certificate Program – MCC
Posted on 09. Nov, 2009 by Scott Schang in County Assistance Programs, Down Payment Help
The Riverside County Economic Development Agency (EDA) is launching the Mortgage Credit Certificate Program for future homebuyers within Riverside County. Our office will start accepting MCC applications from our approved lenders starting November 10, 2008. A Mortgage Credit Certificate entitles qualified home buyers to reduce the amount of their federal income tax liability by an [...]
City of Campbell First Time Home Buyer Down Payment Assistance Program
Posted on 02. Nov, 2009 by Scott Schang in City Assistance Programs, Down Payment Help
City of Campbell First Time Home Buyer Down Payment Assistance Program The Campbell Redevelopment Agency approved $250,000 for the first time homebuyer program for fiscal year 2008-2009. Each individual deferred loan has a maximum amount of $25,000. The major program requirements include: 1) Can’t have owned property in Santa Clara County within the last three [...]
City of Brea Mortgage Credit Certificate
Posted on 01. Nov, 2009 by Scott Schang in Uncategorized
Mortgage Credit Certificate Program The Mortgage Credit Certificate (MCC) Program, administered by the County of Orange, enables first-time homebuyers to receive a federal income tax credit of up to 15% of the annual mortgage interest paid. The MCC reduces federal income tax, increases take-home pay, and increases the qualifying loan amount for homebuyers. Program assistance [...]
City of Cupertino Mortgage Credit Certificate Program
Posted on 30. Oct, 2009 by Scott Schang in City Assistance Programs, Down Payment Help
City of Cupertino Mortgage Credit Certificate Program The Mortgage Credit Certificate Program provides a tax credit to first-time homebuyers for the purchase of single-family homes, townhomes and condominiums. A first-time homebuyer is defined as a person who has not had their name on a Santa Clara County property title for a principal residence within the [...]
City of Orange Mortgage Credit Certificate Program
Posted on 29. Oct, 2009 by Scott Schang in County Assistance Programs, Down Payment Help
City of Orange Mortgage Credit Certificate Program The County’s MAP provides silent second loans to assist low income first-time homebuyers, with annul incomes not to exceed 80% of the Area Median Income (AMI). The loans are designed to help pay for down payment and/or closing costs to purchase a home. The 3% simple interest, deferred [...]
County of Marin Mortgage Credit Certificate (MCC) First Time Homebuyer Assistance
Posted on 28. Oct, 2009 by Scott Schang in County Assistance Programs, Down Payment Help
Mortgage Credit Certificate (MCC)The MCC provides a federal income tax credit to eligible first-time homebuyers. The credit is equal to 15% of the annual interest paid on the first-time homebuyer’s first mortgage and can be taken as long as the home is the principal residence. The applicant must apply for and qualify for a first [...]
City of Port Hueneme’s Mortgage Credit Certificate (MCC) Program
Posted on 28. Oct, 2009 by Scott Schang in City Assistance Programs, Down Payment Help
MORTGAGE CREDIT CERTIFICATE PROGRAM Port Hueneme is a participating jurisdiction in the Ventura County Regional MCC Program. The MCC Program is targeted to low and moderate income first time home buyers. The MCC is a tax credit that increases the amount a buyer can qualify to borrow and increases the buyer’s take-home pay by reducing federal [...]
City of Tustin First Time Home Buyer, Mortgage Credit Certificate
Posted on 28. Oct, 2009 by Scott Schang in City Assistance Programs, Down Payment Help
FIRST TIME HOME BUYER Currently, the only residential developers offering affordable housing at the Tustin Legacy site are Lennar Homes and William Lyon Homes in the Villages of Columbus. However, they are not accepting any applications at this time as they have concluded their lottery. For upcoming affordable housing to be offered, contact staff [...]
Questions? 1-877-823-9250
Chat Live or eMail Offline Now
Recent Comments Questions and Answers