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CHFA Mortgage Credit Certificate Program (MCC)

I want my MCC!

Save money every year with the CHFA Mortgage Credit Certificate (CHFA MCC)! Getting a CHFA MCC is like getting a 20 percent discount off your mortgage interest rate.

how it works

  • Pair the CHFA MCC with your CHFA First Mortgage Loan or a loan from your favorite lender.
  • Reduce the amount of federal taxes you owe by claiming 20 percent of your annual mortgage interest as a tax credit on your tax return.
  • Claim the remaining interest as a home mortgage interest deduction.
  • The result: You pay lower taxes and have more money to put back into your home or into savings!

how do you qualify?

  • First time homebuyers
  • Eligible veterans
  • Non-first time homebuyers purchasing in targeted areas
  • CHFA–approved homebuyer education required
  • Mid credit score of 620
  • Must live in the home as a primary residence
  • Income and purchase price limits (Targeted areas have different income and purchase price limits and no first time homebuyer requirements. These areas are determined by census tract.)
Tell your lender "I want my MCC" to get the savings started!

customer testimonial



Christine Rucks is a proud homeowner in Parker. Hear about her experience with CHFA and learn how our Statewide Mortgage Credit Certificate program helped her afford her new home.





federal recapture tax

You could be subject to the Federal Recapture Tax when you sell your home.

I want my MCC! Where do I start?

Contact us to get started! You can reach us via email, call us at 888.320.3688, or view the list of CHFA Participating Lenders.

Additional Information
MCC Tax Example


I want my MCC!

Where do I start?
Contact us to get started!

You can reach us via email, call us at 888.320.3688, or contact a lender in your area.


Refinancing?
Continue the savings by reissuing your MCC!


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