proudly presents. the mortgage credit certificate program

Proudly presents

The MortgageCredit Certificate

Program

It reduces the amount of federal income tax paid by your borrower either thru an annual income tax deduction or a decreased amount of tax taken out of their take home pay.

What does the MCC do?

$2,000.00 X 30 =

$60,000.00

It can help your borrower qualify for a larger home or assist your borrower in qualifying for a mortgage loan when they otherwise would not.

What does the MCC do?

• $167.00/month income• $20,000.00 increased loan amount• $600.00 more in commission

EDUCATION

What Does the MCC Do?

Who Qualifies for the MCC Program???

1-2 family members 3+ family members $85,920.00 $100,240.00

BROWARD COUNTY First time homebuyers Borrowers who qualify for traditional mortgage

financing Veterans Borrowers purchasing a home less than $391,153.00 Borrowers with a household income not exceeding:

1-2 family members 3+ family members $90,480.00 $105,560.00

PALM BEACH COUNTY First time homebuyers Borrowers who qualify for traditional mortgage

financing Veterans Borrowers purchasing a home less than $381,375.00 Borrowers with a household income not exceeding:

How will you benefit?

Increased purchase prices

Qualify borrowers who normally would not

Marketing piece to previous clients

Use it in your listing presentation and part of your MLS listing to direct more traffic

What is needed?

Three years of tax returns

Completed MCC application

Completed 1st time homebuyers course

Mortgage qualification

$300.00 issuance fee

DISCLAIMER We are not accountant’s. Please consult your CPA.

Borrower may be subject to a recapture tax.

Borrower must have taxable income.

So what is next???Call Us: 561.316.6800