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CalHFA's Homebuyer Education

ONLINE: eHome's eight-hour Homebuyer Education and Counseling course is the only online course accepted by CalHFA. (fee: $99) Other online courses like Frameworks are not acceptable because they do not provide a one-hour, 1-on-1 counseling follow-up session.

IN-PERSON: face-to-face Homebuyer Education through NeighborWorks America or any HUD-Approved Housing Counseling Agency

Eligibility Questions?


Contact Us

Call Toll Free 877.9.CalHFA (877.922.5432)

Mortgage Credit Certificate Tax Credit Program (MCC)

As of November 17, 2017, a Mortgage Credit Certificate (MCC) may not be used for credit qualifying purposes for any CalHFA first mortgage loan.


CalHFA is not seeking additional MCC Tax Credit Program allocation in 2018 or beyond. CalHFA estimates that the overall allocation from past years is expected to run through the end of 2018. CalHFA-approved lenders may continue offering and reserving MCCs on the eHousingPlus Lender Portal. The availability of funds can be found in real-time on eHousingPlus Lender Portal.


CalHFA is partnering with local counties to ensure all qualified Californians have access to a Mortgage Credit Certificate (MCC) program. The MCC Tax Credit is a federal credit which can reduce potential federal income tax liability, creating additional net spendable income which borrowers may use toward their monthly mortgage payment. This MCC Tax Credit program may enable first-time homebuyers to convert a portion of their annual mortgage interest into a direct dollar for dollar tax credit on their U.S. individual income tax returns.

Review the sections below to find out more about the CalHFA MCC program.

MCC program

Program Eligibility

Am I eligible to apply for this program?
Review the guidelines below for both “Borrower” and “Property” Requirements to determine if you may be eligible to apply for the CalHFA MCC program.

Borrower Requirements

  • You must be a U.S. citizen, permanent resident or other qualified alien.
  • Be a first-time homebuyer. See the definition of a first-time homebuyer.
    • Exception to first-time homebuyer requirements:
      • Home is located in a federally designated targeted area
      • Qualified veterans pursuant to the Heroes Earning Assistance and Relief Tax Act of 2008
  • You will need to meet credit, income limits and loan requirements of the lender, insurer, & CalHFA.
  • You will need to live in the home you are purchasing for the entire term of the loan, or until the home is sold or refinanced.

Property Requirements

  • The sales price of the home must be less than the allowable sales price limits in the county in which you are purchasing a home.
  • There is a five acre maximum on the size of the property.
  • The home must be a single family residence (detached).
  • The home can be a detached unit within a planned unit development (PUD).
  • The home can be a condominium or attached unit in a PUD.
  • Property must meet the requirements of CalHFA , the Lender and the mortgage insurer/guarantor
  • Guest houses, granny units and in-law quarters may be eligible

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MCC program

Eligible Counties

The CalHFA MCC Tax Credit program will be available in all areas where an MCC is not currently available through a CalHFA partnering county at the time the loan is originated.

Find out if the CalHFA MCC program is available in your area by viewing this MCC County Resource List.

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MCC program

How To Apply

How do I apply for this loan program?

Since CalHFA is not a direct lender, our mortgage products are offered through private loan officers who have been approved & trained by our Agency. These loan officers can help you find out more about CalHFA’s programs and guide you through the home buying process.

Contact an MCC-Participating Loan Officer.

Please note that a Mortgage Credit Certificate may have a significant impact on your federal tax return. CalHFA strongly urges you to contact a tax professional if you are considering purchasing a home using a Mortgage Credit Certificate.

What documents should I have ready when contacting a loan officer?

When initially contacting a loan officer, you may want to have the documents on the list below to help answer questions that loan officers’ may ask you:

  • Pay stubs
  • Bank statements
  • Employment history
  • Previous tax returns

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What is a Mortgage Credit Certificate?

Who is eligible to receive an MCC?

How do I determine if I qualify for the MCC program?

How much of a tax credit can be issued under the CalHFA MCC Tax Credit Program?

I have not received my MCC Certificate – who should I contact?

I contacted eHousingPlus for my MCC Certificate, but they stated that there has not been an MCC issued through CalHFA for me – what can I do?

My house closed escrow six months ago, but I just heard about the MCC Program – can I apply now?

My lender informed me that CalHFA would be sending me $200 a month, but I have not received anything yet – when can I get my money?

I want to refinance my mortgage – how do I keep my MCC in place?

I refinanced my loan six months ago – how do I get a corrected MCC Certificate with my new lender’s information?

It’s time to file my tax returns – how do I take advantage of the MCC Certificate?

My tax advisor doesn’t know what to do with my MCC Certificate – can you please explain how this works?

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