In keeping with its mission to ensure that every Louisiana resident is granted an opportunity to obtain safe, affordable, energy-efficient housing, the LHC offers the Mortgage Credit Certificate (MCC) Program.
This $5 million statewide program is designed to assist first-time homebuyers, veterans and low to moderate income buyers purchasing a home in designated areas. Homebuyers who use the MCC program can take a federal tax credit of up to 40% of their annual mortgage interest payments for the life of their loan. This credit is capped at $2,000 per year.
Read on to find out if this program is right for your prospective homebuyer.
Find out more about the MCC program with our FAQ document. Learn More
Find the documents you'll need to help your client apply for this program. Learn More
Read the MCC Information Guide here. View Document
Use this helpful mortgage calculator to determine your monthly payment amount and help budget for your new home. Learn More
Find information on this program for homebuyers here. Learn More
Find approved lenders in your area here. Learn More
See the MCC training presentation here. View Document
Read the MCC Program Manual here. Learn More
LHC offers several programs to assist homebuyers with a down payment on their new home. Find the program that’s right for your prospective homebuyer here. Learn More
Find information on this program for Realtors here. Learn More