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.


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

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


Browse for additional mortgage experience in other cities with products and services provided by übermortgage.