Yes, the MCC is the Mortgage Credit Certificate. Which means that the federal government grants us a 50% refund of our mortgage interest (to a maximum of $2,000) each year. The money comes to you via a tax credit that you claim when we file our federal income taxes. Which in turns reduces the amount of money you pay taxes on by up to $2000 every year as long as you live in the home.
We use a lender that can talk and walk you through the process and it free. Click on the web site below and in the referred by block pub "TEAM FLOYD' and it's 100% free to start the process, and find out what this program does for you. Feel free to give us a call if you have any questions.... more