CalHFA Mortgage Credit Certificate (MCC)

California Housing Finance Agency

Available Down Payment

About This Program

Allows eligible California homebuyers to claim a federal tax credit equal to a percentage of their annual mortgage interest, reducing federal income tax liability and increasing take-home pay. Available for purchase in Hayward.

Annual tax credit estimate based on typical mortgage interest at median home value

Key Details

  • Federal tax credit on mortgage interest paid
  • Typically 15-35% of annual interest
  • Reduces federal income tax every year
  • For first-time and repeat buyers
  • Income and purchase price limits apply

How to Apply

Deadline: Ongoing program

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