In this fierce market you need every tool possible to assist your buyers. That’s where we come!
The Mortgage Credit Certificate program is the perfect tool to maximize your buyer’s purchasing power. The program will allow them to qualify for 10%-20% more.
How it works:
The MCC must be applied at the time of purchase. This will allow your buyer to receive a tax credit equal to 20%-50% of their mortgage interest payment. On a $200,000 purchase this is $1,500 - $3,750 in extra annual income. On the lending side we can use this extra income to help your buyer qualify for more house!
Michael Shotnik
Branch Manager
Colorado Mortgage
michael@co-mortgage.com
303-800-4595

Comments(0)