The Mortgage Credit Certificate Program (MCC), though, is even better - for the right home buyer, it amounts to increased income because it reduces the amount of Federal income tax a homebuyer pays, thus giving more available income to qualify for a mortgage loan and to make monthly mortgage payments. Many first-time buyers and even mortgage industry professionals are unaware of the potential benefits of this program.
The MCC program is a federal tax credit created … (0 comments)
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