Federal tax credit on mortgage interest that reduces your taxes every year.
Maryland's Mortgage Credit Certificate provides an annual federal tax credit on mortgage interest paid. The credit stacks with any of Maryland's DPA programs — MMP, Flex, SmartBuy, or HomeAbility.
The combination of upfront DPA plus ongoing MCC tax credits creates sustained financial benefit. Maryland buyers who use both receive assistance at purchase and continue saving every year after. Given Maryland's relatively high state income taxes, the federal MCC credit provides especially welcome relief.
We'll show you how to combine Maryland Mortgage Credit Certificate with other programs to maximize your free money — personalized to your ZIP code and income.