Mortgage Credit Certificates

Mortgage Credit Certificates 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 three years.

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

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 $475.
  • Contact a loan officer for income and sales price limits.

More information about the program is available at

Next Steps

Find out if a Mortgage Credit Certificate is right for you.