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Single Family Program
JHFA Mortgage Credit Certificate ("MCC") Program
First-time buyers, do not buy that house until you determine if you qualify for a MCC offered by the JHFA. The MCC could save you thousands of dollars by reducing the amount of federal income tax you owe. The MCC is not a down-payment assistance, but rather a dollar-for-dollar reduction in your federal tax liability.
How Does an MCC Work?
An MCC is used in conjunction with every mortgage loan provided by a participating lender. The MCC allows a borrower to take 50% of their annual mortgage interest as a tax credit (maximum $2,000) while continuing to use the balance of the interest as a deduction. The MCC program tax credit is up to $2,000 every year for the life of the loan as long as the property remains the borrower's principal residence. The MCC benefit may be received one of two ways:
1. Annually when a borrower files their federal income tax returns, or
2. A portion may be claimed with each paycheck by filing a revised W-4 form with the employer adusting federal income tax withholding.
Another added bonus, this MCC program may be used with one of the first mortgage programs listed above that offer down payment and closing cost assistance. The MCC program will have the strictest eligibility requirements so those must be followed in order to be combined with the program first mortgage.
To see if you qualify please contact a participating lender:
AmeriFirst Financial Corporation
- Kelly Santos
- NMLS ID: 994273
- (727) 514-2429
Caliber Home Loans
- Brendin Straubel
- NMLS ID: 1757609
- (813) 728-7764
- Claudia Gomez
- NMLS ID: 365503
- (813) 317-5821
- Cyndee Smith
- NMLS ID: 459635
- (836) 944-3098
- Jose Daniel Ruiz Lozada
- NMLS ID: 408901
- (813) 476-5581
- Sandra Cardenas
- NMLS ID: 1183490
- (813) 928-0657
- Sasha Baez-Agosto
- NMLS ID: 1469651
- (813) 603-5711
- Tasha Faiella
- NMLS ID: 1541675
- (813) 505-5737
- Terry Husbands
- NMLS ID: 1701247
- (813) 610-0872
CMG Mortgage, Inc
- Joe Andrews
- NMLS ID: 320789
- (813) 781-9769
- Nicolas Garazo
- NMLS ID: 938807
- (407) 605-3607
Fairway Independent Mortgage Corporation
- Lindsey Vance
- NMLS ID: 1250012
- (727) 647-8198
- Richard Mize
- NMLS ID: 1136438
- (813) 833-7424
Guaranteed Rate Affinity
- Mark Zihmer
- NMLS ID: 795477
- (813) 598-7815
Guaranteed Rate, Inc
- Luis Rosado
- NMLS ID: 1912368
- (727) 509-6630
- Maureen Helm
- NMLS ID: 118232
- (813) 437-6347
- Thomas Bearint
- NMLS ID: 226071
- (813) 786-1941
Gulf Coast Bank & Trust Co.
- Randy Mason
- NMLS ID: 1712519
- (504) 561-1337
loanDepot.com, LLC
- Amy Waters
- NMLS ID: 505610
- (317) 490-9704
- Dario Jimenez (Spanish Speaking)
- NMLS ID: 659648
- (813) 766-8725
NVR Mortgage Finance, Inc.
- Sally Moreno
- NMLS ID: 226914
- (813) 466-9447
Open Mortgage, LLC
- Soledad Nicoletti (Spanish Speaking)
- NMLS ID: 221996
- (813) 404-6934
Primary Residential Mortgage, Inc.
- Joanna Lind
- NMLS ID: 873101
- (787) 702-6440
PrimeLending, a Plains Capital Company
- Kathy Morris
- NMLS ID: 451750
- (342) 238-6445
SWBC Mortgage Corporation
- Nicole Curry
- NMLS ID: 226151
- (954) 605-8485
Synovus Bank
- Patti Myers
- NMLS ID: 437137
- (727) 423-8447
- Ruth Principe
- NMLS ID: 177910
- (813) 440-7377