Texas Mortgage Credit Certificate (MCC)

Texas State Affordable Housing Corporation

Available Down Payment

About This Program

Federal income tax credit equal to 20% of annual mortgage interest paid, providing up to $2,000 per year in tax savings for eligible first-time homebuyers in Texas. Credit continues for the life of the loan if you remain in the home.

Annual tax credit equals 20% of mortgage interest paid, maximum $2,000/year

Key Details

  • Annual federal tax credit up to $2,000
  • 20% of mortgage interest paid
  • For first-time homebuyers
  • Income and purchase price limits apply
  • Lasts for life of the loan

How to Apply

Deadline: Ongoing while funds available

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