State Program
NJHMFA Mortgage Credit Certificate (MCC) | New Jersey Hou...
NJHMFA Mortgage Credit Certificate (MCC) provides $2,000 per year (tax credit cap) or other housing benefits for qualified residents of New Jersey.
Program Details
**NJHMFA Mortgage Credit Certificate (MCC)** is an official NJHMFA or local initiative that offers $2,000 per year (tax credit cap) or related support to make housing more affordable. Eligible applicants receive funding, education, and guidance.
Eligibility Requirements
- Meet NJHMFA or local income and purchase limits.
- Purchase or own a primary residence in an eligible area.
- Complete required education or counseling.
- Purchase or own a primary residence in an eligible area.
- Complete required education or counseling.
Program Benefits
- $2,000 per year (tax credit cap) reduces upfront costs.
- Competitive terms backed by NJHMFA.
- Competitive terms backed by NJHMFA.
How to Apply
1. Contact an approved lender or housing office.
2. Complete application and education requirements.
3. Submit documentation.
4. Close on loan or receive grant.
2. Complete application and education requirements.
3. Submit documentation.
4. Close on loan or receive grant.
Program Overview
Category
State Program
Maximum Assistance
$2,000
Official Program Website
Information about this program is provided as a resource and may be subject to change. Always verify details with the official program website.
Important Note
Program availability, terms, and requirements may vary by lender and location. Additionally, programs are subject to change based on policy updates and market conditions. Always consult with a mortgage professional for the most current information and to determine eligibility for specific programs.