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Wednesday, 04 February 2015 00:00

What You Need to know about the Mortgage Credit Certificate Program

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Class Length: 20-minutes

Featured Presenter: Karen Deis interviews Mortgage Diva, Pat Cray (Florida)

So, what the heck is a Mortgage Credit Certificate?

It's a government program that has been around since 1984.

It provides a dollar-for-dollar interest tax credit to homebuyers who qualify.

It helps homebuyers qualify for about $20,000 in sales price.

And, it's making a comeback!

View the video where Mortgage Diva, Pat Cray, shares with you how she's built a successful niche with a ton of referrals from real estate agents.

Here's what you'll learn:

  • Who qualifies
  • How tax credit is used to qualify for higher sales price
  • How to check if your state/county/city is offering MCC
  • Samples include: Commitment Letter, Recapture Tax Form, IRS Form 8396, Marketing Flyer and List of States offering the MCC program

 


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