Home Boost Your Income Boost Your Purchase Power By Using Your Current Pay Stub

Boost Your Purchase Power By Using Your Current Pay Stub



Boost Your Purchase Power By Using Your Current Pay Stub
How do we do this? Through the CalHFA Mortgage Credit Certificate (MCC for short). This is a federal income tax credit which reduces the borrowers’ potential federal income tax liability. This credit, in effect creates additional net spendable income which borrowers may use toward their monthly mortgage payment. See the table below for an example of this tax credit.