What Is a Mortgage Credit Certificate?
A mortgage credit certificate, also called an MCC, provides the borrower with a non-refundable tax credit based on a portion of the mortgage interest. Mortgage credit certificates are usually provided by a mortgage broker or a lender.
- What Sort of Tax Benefits Are Available to Homeowners?
- How Do I Calculate the Amount of My Mortgage Credit Certificate?
- Can I Deduct My Mortgage Interest?
- What Other Aspects of My Mortgage Can I Deduct?
- Is There a Limit to Mortgage Tax Deductions?
- What Types of Loans are Eligible for a Deduction?
- How Do I Calculate the Mortgage Tax Deduction?
- How Did Tax Reform Change the Mortgage Interest Deduction?
- How Can I Qualify for a Mortgage Credit Certificate?