The Mortgage Credit Certificate: Help First-time Home Buyers
Are you a first-time home buyer looking for ways to save on your home purchase? A Mortgage Credit Certificate (MCC) from the North Carolina Housing Finance Agency (NCHFA) may be the answer you are looking for. Those who lack finances and feel discouraged in their home-buying journey can apply for this loan. An MCC is a tax credit given to a first-time buyer or a qualified military veteran. The credit allows them to claim a tax credit for some mortgage interest paid during the year. Further, the credits also help them save thousands of dollars over the life of the […]
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