The 2017 Buying Season is Here, and It's Time to Get Strategic – And Creative! – in Your Financing Options

If you're a first-time home buyer or an honorably-discharged military veteran, consider asking your lender about a Montana Mortgage tax Credit Certificate (MCC). This program allows a taxpayer to receive an annual federal tax credit against his tax liability over the life of a mortgage. On a 30-year loan, that could amount to up to $60,000. This isn't a deduction: it's a dollar-for-dollar reduction against your federal tax liability. Consequently home buyers may qualify for mortgages which lenders may not have originally extended without the Mortgage Credit Certificate:  the money saved in the tax credit can be counted as income to the borrower on a monthly basis.  Check it out for yourself!  Here's a link:
Go ahead and call me if you need to Get Real! (You can call me if you need to sell Real too!)
Jen Walsh REALTOR
(406) 570-1653

 

Written by : Jennifer Walsh