The San Diego Housing Commission (SDHC) Mortgage Credit Certificate Program is a federal income tax credit. With the MCC, the qualified first time homebuyer is entitled to take a federal income tax credit of 20% of the annual interest paid on the home mortgage. Because the MCC reduces the homebuyer’s federal income taxes and increases their net earnings, it is a great help in qualifying a homebuyer for their first home mortgage loan. But it doesn’t stop there. The MCC is registered with the IRS and it continues to decrease a first time homebuyer’s federal income taxes as loan as they own and live in the home.

Carlsbad is an affluent seaside resort city occupying a 7-mile (11 km) stretch of Pacific coastline in northern San Diego County, California. The city is 87 miles (140 km) south of Los Angeles and 35 miles (56 km) north of downtown San Diego and is part of the San Diego-Carlsbad, CA Metropolitan Statistical Area. It is bordered by Oceanside to the north, Vista and San Marcos to the east and Encinitas to the south. Referred to as "The Village by the Sea" by locals, Carlsbad is a tourist destination. The city's estimated 2014 population was 112,299. Among the nation's top 20 wealthiest communities, Carlsbad is the 5th richest city in the state of California with a median household income close to $105,000 [10]

Sales Quarter Number Of Sales Current Median Price Previous Median Price Percent Change yearoveryear
4Q2017 2173 $810,750.00 $740,000.00 9.6%
3Q2017 580 $805,000.00 $740,000.00 8.8%


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Loan Officer Thomas Johnston

Loan Officer Thomas Johnston | NMLS# 1583463; Arizona, California, Oregon, Texas and Washington

Thomas is your mortgage loan originator, who works side by side with a strong team that shares the same devotion to excellence.
Experienced, knowledgeable, and always up to date on the industry's latest products, Thomas strives to exceed the customers' expectations in each and every transaction.

Do you have any questions? Please call 866-610-6025


Agency Target vs Non-Target Tax Credit Household size: 1-2 Household size: 3+ Purchase Price Limits First Time Application Fee Property Type

San Diego Housing Commission (SDHC) Mortgage Credit Certificate-MCC

Target
20%
$109,080
$127,260
$564,353
Yes
$500.00 stand alone,$300.00 w/SDHC loan & grant
SFR, Townhome & Condos
Non-Target 20%
$109,080
$127,260
$689,765
No
$500.00 stand alone,$300.00 w/SDHC loan & grant
SFR, Townhome & Condos

Carlsbad is an affluent seaside resort city occupying a 7-mile (11 km) stretch of Pacific coastline in northern San Diego County, California. The city is 87 miles (140 km) south of Los Angeles and 35 miles (56 km) north of downtown San Diego and is part of the San Diego-Carlsbad, CA Metropolitan Statistical Area. It is bordered by Oceanside to the north, Vista and San Marcos to the east and Encinitas to the south. Referred to as "The Village by the Sea" by locals, Carlsbad is a tourist destination. The city's estimated 2014 population was 112,299. Among the nation's top 20 wealthiest communities, Carlsbad is the 5th richest city in the state of California with a median household income close to $105,000 [10]


Connect with a Loan Officer

Loan Officer Thomas Johnston

Loan Officer Thomas Johnston | NMLS# 1583463; Arizona, California, Oregon, Texas and Washington

Thomas is your mortgage loan originator, who works side by side with a strong team that shares the same devotion to excellence.
Experienced, knowledgeable, and always up to date on the industry's latest products, Thomas strives to exceed the customers' expectations in each and every transaction.

Do you have any questions? Please call 866-610-6025

Other products available in the City of Carlsbad



San Diego Housing Commission (SDHC) Mortgage Credit Certificate-MCC is available in the following areas/cities


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