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city of orange

City of Orange Mortgage Credit Certificate Program

by Scott Schang March 4, 2009

Mortgage Assistance Program (MAP)
The County’s MAP provides silent second loans to assist low income first-time homebuyers, with annul incomes not to exceed 80% of the Area Median Income (AMI). The loans are designed to help pay for down payment and/or closing costs to purchase a home. The 3% simple interest, deferred payment loan has a [...]

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City of Orange Mortgage Credit Assistance

by Scott Schang February 19, 2009

Mortgage Credit Certificate Program Fact Sheet
* The Mortgage Credit Certificate (MCC) Program enables first-time homebuyers to receive a federal income tax credit of 15% of the annual mortgage interest paid.* MCC’s reduce federal income tax, increase take-home pay, and increase the qualifying loan amount for homebuyers.* Program assistance is available only to income-eligible persons and [...]

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City of Orange – Mortgage Credit Certificate (MCC)

by Scott Schang May 3, 2008

Mortgage Credit Certificate Program Fact Sheet

The Mortgage Credit Certificate (MCC) Program enables first-time homebuyers to receive a federal income tax credit of 15% of the annual mortgage interest paid.
MCC’s reduce federal income tax, increase take-home pay, and increase the qualifying loan amount for homebuyers.
Program assistance is available only to income-eligible persons and families who have [...]

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