CalHFA Mortgage Credit Certificate

California Housing Finance Agency

Available Down Payment

About This Program

Provides a federal tax credit equal to 20% of annual mortgage interest paid. Unlike a deduction, this is a dollar-for-dollar reduction in federal income tax liability for the life of the loan. Can be combined with CalHFA loan programs.

Estimated annual tax credit based on typical mortgage interest

Data last verified 2026-06-09. How we verify our data.

Key Details

  • 20% federal tax credit on mortgage interest
  • Dollar-for-dollar tax reduction, not deduction
  • Available for life of the loan
  • Income and purchase price limits apply
  • Can combine with other CalHFA programs

How to Apply

Get free help applying Visit Official Program Page Track this program

(877) 922-5432

A grant-savvy contractor in Palm Springs, CA can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Your federal tax return for the year of the work (this benefit is claimed on your taxes, not through a separate application).
  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Available on first-come basis

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