Pleasant Valley : Questions & Answers

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Dave & L…, Real Estate Pro in Austin, TX
Dave & Linda Baird answered:
Can i use MCC program in refinancing?
Short answer is no. If you already have mcc in place and want to reifnance, there are steps to preserve and transfer your mcc to the new loan.
0 votes Share Flag Fri Jun 15, 2012 Home Buying in Pleasant Valley
Phil Rotondo, Real Estate Pro in Brevard County, FL
Phil Rotondo answered:
what is MCC? in regard to condo acquisition
An MCC is a IRS-approved tax credit, which reduces their federal income taxes owed as long as they keep the loan and continuously occupy the home as their principal residence. The tax c ... more
0 votes Share Flag Fri Apr 20, 2012 Home Buying in Pleasant Valley
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