Corporation Offers up to $2000 Tax Credit for First Time Home Buyers
The North Central Texas Housing Finance Corporation offers a Mortgage Credit Certificate Program for first time home buyers. The video describes a non-refundable tax credit program which provides up to $2,000 a year as long as a participating family occupies the home and pays on their mortgage. A tax credit, unlike a tax deduction, is a dollar for dollar savings to a participating family and is like having extra income. The opportunity could add many thousands of dollars over the life of the loan.
Video Explains the Mortgage Credit Certificate Program
The North Central Texas Housing Finance Corporate has produced a video explaining its Mortgage Credit Certificate Program for first time home buyers.
Corporation Launches Website
The North Central Texas Housing Finance Corporation launched a website providing information about programs they offer.