Capture More First Time Homebuyers By Offering Mortgage Credit Certificates

MCCs are easy and can save your borrower thousands of dollars over the life of the loan. A MCC is not a mortgage, instead it is a federal tax credit that saves your borrower money which can increase their take-home pay and help with mortgage qualification*

 

Example based on a 20% MCC rate:

Loan Amount$300,000

Interest Rate5.0%

MCC Tax Credit Rate*20%

Annual MCC Credit$3,000

(1st Year)

Additional $250.00

Monthly Income*

 

Contact me today to learn more about the Mortgage Credit Certificates (MCC).

 

*The borrower could take home an extra $250 per month in their paycheck after they update their tax liability. The borrower will need to owe the IRS the amount of the annual MCC in order to take advantage of the full credit at the end of the year.

 


* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.