Wisconsin · Annual tax credit

WHEDA Tax Advantage (MCC)

Annual tax credit on mortgage interest

Federal tax credit on mortgage interest. Saves hundreds per year for the life of the loan.

WHEDA's Tax Advantage program provides a Mortgage Credit Certificate offering federal tax credits on annual mortgage interest. The credit stacks with WHEDA's DPA programs for combined upfront and ongoing benefits.

Wisconsin's relatively high state income taxes make federal tax credits especially valuable. The MCC reduces your federal tax bill dollar-for-dollar, and the savings can be applied to your mortgage payment, accelerating equity growth.

AmountAnnual tax credit on mortgage interest
TypeAnnual tax credit
Available inWisconsin
First-time buyer requiredYes
Minimum credit score620
Multi-unit eligibleSingle-family only

Programs that pair with this

FHA Loan Saves ~$33,000 on a $200K home vs 20% down
Federal · Subsidized loan
VA Loan $0 down + no monthly mortgage insurance
Federal · Federal benefit
NACA Program $0 down + $0 closing + $0 PMI + below-market rate
National · Nonprofit program
WHEDA Easy Close DPA Up to 6% of price, repaid over 10 years
Wisconsin · Second mortgage
WHEDA Capital Access DPA 3% at 0%, no payments for 30 years
Wisconsin · Deferred 0% loan
WHEDA Advantage Conventional Below-market rate + no PMI + DPA eligible
Wisconsin · Subsidized loan
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Get your free stacking strategy

We'll show you how to combine WHEDA Tax Advantage (MCC) with other programs to maximize your free money — personalized to your ZIP code and income.

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