MORTGAGE CREDIT CERTIFICATE PROGRAM
The El Dorado County Mortgage Credit Certificate Program is available to provide home purchase assistance in the City of South Lake Tahoe and the unincorporated areas of El Dorado County.
The Mortgage Credit Certificate Program reduces the amount of federal income taxes a homebuyer pays. This allows the homebuyer to qualify for a larger mortgage loan by increasing the household income. The Mortgage Credit Certificate is a 15% tax credit that is in effect for the life of the loan as long as the property remains owner-occupied.
For information about this program call (530) 621-6376 or (530) 621-6377.
To view the El Dorado County’s website, please CLICK HERE
Other articles about this topic that might interest you:
- El Dorado County First Time Home Buyer Program Updated 3/5/09: I called today, currently there is no funding, but funding is to be expected within the next...
- Riverside County First Time Home Buyer Mortgage Credit Certificate Program – MCC The Riverside County Economic Development Agency (EDA) is launching the Mortgage Credit Certificate Program for future homebuyers within...
- City of Cupertino Mortgage Credit Certificate Program Mortgage Credit Certificate (MCC) Program The Mortgage Credit Certificate Program provides a tax credit to first-time homebuyers for the...
Chris "Doc" Apodaca
Jeff Brown – BawldGuy
Scott Schang
