Homebuyer Tax credit

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UP TO $2000 PER YEAR TAX CREDIT!

Idaho Housing MCC Tax Credit Program

mcc tax credit mortgage home loan boise nampa caldwell

Homebuyer Tax Credit

Allows the homebuyer to claim a tax credit for some portion of the mortgage interest per year.

  • Up to $2000 of total mortgage interest paid in income tax credits each year.
  • Directly reduces income tax due.
  • Unused tax credit can be carried forward for up to three years.
  • Can be used with Idaho Housing loan programs, ONLY.:  Check out Programs Here
  • First Time home buyer requirements for non-targeted areas.
  • One time $300 fee, which seller can pay for.
  • Online Home Buyer's Class Required.
  • Family Income Restrictions:  Check out Income Restrictions Here
  • Call for Details!  (208) 375-LOAN.
  • Any Idaho County.
  • WEB link to IRS Information on MCC:  Here

 

 

idaho housing finance boise nampa caldwell mortgage tax credit MCC

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