How Does the Mortgage Credit Certificate Work?

Posted on July 13, 2011 by Leasa Magnuson in Individual Tax

Recently I was asked how Mortgage Credit Certificates work in comparison to the Mortgage Interest Deduction. The answer is they work together for low income individuals. States and local governments may elect to grant revocable mortgage credit certificates to low-income individuals. According to Colorado Housing and Finance Authority (CHFA) people in Larimer County with a […]

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