MCC Tax Credits

09/26/2021

So, you've heard about the MCC Tax Credit, but you're just not sure it's worth it? What if you told you how much can get?
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Here's the facts.

The mortgage interest credit is a non-refundable federal tax credit of 20% to 50% of mortgage interest paid on a primary residence up to $2,000 annually.

In short, you can save up to $2,000 a year for the entire life of your loan. On a 30-year mortgage, that could be up to $60,000 in interest savings!

09/19/2021

As fall approaches, here are some things you should do to your house before freezing weather sets in.

Only read this if you're interested in saving money.

09/12/2021

Should you expect a new first-time homebuyer credit? Read about 2 potential bills to help a new generation of homeowners.

During his presidential campaign, Biden proposed a tax credit of up to $15,000 to help American families buy their first homes.

09/05/2021

Think you know everything about purchasing a home? Here are home buying myths that waste time and money

The family, friends and random acquaintances offering their home buying advice mean well — but not everything they say will be true.

08/29/2021

While the first-time home buyer tax credit is a national program, it's run by and on a state to state basis. Make sure you know how YOUR state handles the MCC tax credit (and if they do at all) today!

The Mortgage Tax Credit Certificate is an amazing opportunity to get up to $2,000 back per year as a tax credit for the life of your mortgage. However, there are state-by-state requirements to...

08/22/2021

It's Q&A Time! Share this with any (soon-to-be) new homeowners so we can help people save money!

What questions do you have about the MCC Tax Credit? We'd love to answer them and get you started.

08/15/2021

State Spotlight: The Arkansas Mortgage Credit Certificate!

08/08/2021

Still considering buying a home this year? Here are some strategies to think about.

Consumers, lenders and real estate agents need to consider the factors at play in today’s market, and how they may shift, to prepare for the coming 12-18 months. It’s a competitive market, but buyers will get more for their money today than they may in a year.

08/01/2021

Throwback to one of our older (but always relevent) blog posts! There are quite a few tax credits available for first-time homebuyers, a good place to start? The MCC Tax Credit!

So you’re a first-time homebuyer, and you’re ready to make that big purchase — congratulations! Buying your first home is an exciting time that you should enjoy as much as you can. However,...

07/25/2021

As a First-Time Homeowner, Should I Buy a House This Year? First-time homeowners always ask this question. The trick is that any year is a good year to buy a house - if you're financially ready!

The leap from renting to owning is an exciting one, which leaves many first-time homeowners wondering if (and when) they should buy a house. As we turn our calendars to 2021 — and with so much...

07/18/2021

If you are a low income or first time home buyer, make sure you speak with a qualified professional about the MCC tax credit that may be available to you before you purchase your home!

07/11/2021

State Spotlight: The Arizona Mortgage Credit Certificate!

If you are a first-time home buyer in the state of Arizona, or have not owned a home in the last three years, you might qualify for the Mortgage Credit Certificate program. In short, the MCC tax...