DC MCC

Highlights & Terms

  • Credit is equal to 20% of the annual mortgage interest paid
  • Dollar-for-dollar credit toward federal income taxes
  • Effective for the life of the loan, as long as homebuyer lives in the home
  • May be used with other DC Open Doors loan programs but borrower must also meet DC Open Doors guidelines

Guidelines & Consideration

  • Must be a first-time homebuyer or have not owned a primary residence home within the past 3 years (may be non-first-time homebuyer if home is in a targeted area).
  • Primary residences only
  • Income limits apply
  • Maximum sales price/ loan limits apply

READY TO GET STARTED?

Fill out the form below and I will contact you about this program and other options available for first time buyers.

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