Mortgage Credit Certificates

Mortgage Credit Certificates (MCC) are issued through the N.C. Housing Finance Agency (NCHFA) for first-time homebuyers. First-time homebuyers are people who have never owned a home or who haven't in the last 3 years.

Members may use the MCC with any of our mortgage products, but it would be most beneficial in conjunction with our First-Time Homebuyer's Program. The tax liability reduction makes it more affordable to purchase your first home.

View Mortgage Rate Sheet (PDF)

Mortgage Credit Certificate features

  • Provides a federal income tax credit for 30% of your mortgage interest payment each year
  • Maximum tax credit up to $2,000 per year.
  • MCC and the mortgage financing request will be processed together for a non-refundable fee of $425.
  • Contact a loan officer for income and sales price limits.

More information about the program is available at

Finance your first home affordably!

  • Call the Contact Center at 888.732.8562
  • Visit your local branch
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