Mortgage Credit Certificate (MCC) Program

About this opportunity

Federal tax credit for eligible Michigan homebuyers: 20% of annual mortgage interest paid credited dollar-for-dollar against year-end federal income tax liability, for the life of the original mortgage (up to 30 years). Available to first-time homebuyers statewide and repeat homebuyers in targeted areas. Maximum sales price $544,233 (effective May 1, 2025, statewide). Household income limits apply by family size and location. Must be applied for and approved prior to purchasing the home through an approved MCC Lender. Rolling, no fixed deadline.