20% of your annual mortgage interest as a direct federal tax credit, every year.
California's Mortgage Credit Certificate provides a federal tax credit of up to 20% of annual mortgage interest paid. On California's typically large mortgages, this translates to substantial annual savings — potentially $3,000-5,000 per year. The MCC stacks with CalHFA's DPA programs for combined upfront and ongoing benefits.
We'll show you how to combine CalHFA Mortgage Credit Certificate with other programs to maximize your free money — personalized to your ZIP code and income.