CalHFA Mortgage Credit Certificate (MCC)

California Housing Finance Agency

Available Down Payment

About This Program

Federal tax credit for first-time homebuyers in Bakersfield that reduces federal income tax by 20-35% of annual mortgage interest paid. Increases buying power and reduces monthly housing costs for the life of the loan.

Annual federal tax credit on mortgage interest paid

Key Details

  • 20-35% federal tax credit on mortgage interest
  • First-time homebuyer required
  • Income and purchase price limits apply
  • Credit lasts for life of loan
  • Increases buying power and affordability

How to Apply

Deadline: Ongoing program

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