Idaho Mortgage Credit Certificate (MCC)

Idaho Housing and Finance Association

Available Down Payment

About This Program

Federal income tax credit equal to 40% of the annual mortgage interest paid, up to $2,000 per year for the life of the loan. Reduces federal tax liability and increases take-home pay for qualifying first-time homebuyers in Idaho.

Annual federal tax credit of 40% of mortgage interest paid

Official source site checked live on 2026-06-17.

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

Key Details

  • 40% of mortgage interest as federal tax credit
  • Up to $2,000 per year for life of loan
  • For first-time homebuyers in Idaho
  • Increases take-home pay
  • Income and purchase price limits apply

How to Apply

A grant-savvy contractor in Post Falls, ID 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).

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 to eligible homebuyers

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