MCC LOAN

Is your qualifying income and personal debt holding you back from buying a larger home?

If so, the MCC tax credit may be the program for you.

What is the MCC tax credit, anyway?

	MCC reduces the amount of Federal income tax owed by a qualified borrower by up to 20% of the annual interest paid on the mortgage.
	MCC is a dollar-for-dollar tax credit, in addition to interest and tax write-offs.
	MCC increases the homebuyer's purchasing power, which helps him qualify for a larger mortgage and a larger home.
	MCC can be used with conventional loans, FHA, and VA programs.
	MCC applicants cannot have owned and occupied a home in the past three years.
	MCC can be used for single family homes, condominiums, and 2-4 units

Century Plaza Mortgage is an approved MCC lender for the City & County of Los Angeles, and County of Ventura