Mortgage Credit Certificate Program (MCC)

Mortgage Credit Certificate (MCC) Federal Tax Credit 

The Mortgage Credit Certificate (MCC) program provides housing assistance by issuing a federal tax credit to first-time home buyers statewide and repeat home buyers in targeted areas.

Program Description:

  • Qualified homebuyers can credit 20% of their annual mortgage interest paid against their year-end tax liability. A tax credit is a dollar for dollar reduction in tax liability.
  • The tax credit is allowable every year for the life of the original mortgage (up to 30 years!)
  • Available to first-time homebuyers statewide and repeat homebuyers in targeted areas.
  • Household income limits can vary depending on family size and property location.
  • Maximum sales price is $224,500 statewide.

In this short video, Scot Veneklase of Treadstone Funding shares an update on the MCC that it is ending December 31st. Give Scot a call for more information about his loan programs.

Scot Veneklase, Loan Officer 
Treadstone Funding
Direct Phone: 616-552-6897
Cell: 616-293-7040
NMLS# 153844

Grand Rapids Home Search

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3% Conventional Mortgage Program – Michigan

There are many mortgage programs for every budget and situation. The FHA loan is a popular option because of it’s 3.5% down payment. However, an FHA loan does have it’s perils as well, in the form of more strict inspections which may cause the seller to balk at accepting your offer. Check out this FHA Handbook for more information about FHA Loans.

In this short video,Scot Veneklase of Treadstone Funding explains a program that he offers which is a conventional loan with a 3% downpayment. Give Scot a call for more information about his programs.

Scot Veneklase, Loan Officer 
Treadstone Funding
Direct Phone: 616-552-6897
Cell: 616-293-7040
NMLS# 153844

Grand Rapids Home Search

Use our handy tool to find your home or condo or sign up for listing alerts to have new listings sent to your inbox.

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Share Our Enthusiasm

Great video from Experience Grand Rapids.

Grand Rapids, MI

What makes a great travel destination? Enthusiasm! Why does travel matter? Visitors to Grand Rapids generate more than $1 Billion in economic impact each year. That fuels more jobs, dining opportunities, cultural improvements, and ways to enjoy life. We all share the benefits, when we share our enthusiasm!

Grand Rapids is Thriving

There are so many reasons to love Grand Rapids. Arts, Entertainment, Sports, Recreation, the Outdoors, Jobs, Schools, Real Estate!

Watch this video and get excited about living here!