Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho December 8, 2021

Qualifying For A Mortgage Credit Certificate

Purchasing a house can be expensive, but there are measures in place to make it easier, particularly for people buying a home for the first time. One option is a mortgage credit certificate. What is the certificate, and how does it work? A Mortgage Certificate Is A Tax Credit A mortgage credit certificate, usually shortened to MCC, is a credit issued to first-time homebuyers by the local or state government. This certificate allows first-time homeowners to claim a federal tax credit for mortgage … [Read more...]

Filed Under: Real Estate Tips Tagged With: Mortgage Certificate, Real Estate, Tax Credit

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