MORTGAGE CREDIT CERTIFICATE PROGRAM MCC The Mortgage Credit Certificate Program, authorized by Congress in the Tax Reform Act of 1984, provides financial assistance to “First Time Homebuyers” for the purchase of new or existing single family home. In 1985, the State adopted legislation authorizing local agencies, such as Contra Costa County, to make Mortgage Credit [...]
Fact: There is no reason to wait. When most people say they want to wait until they’re married to buy their first home, what they’re actually struggling with are two distinct issues: First, would it be better to wait until they had two incomes? And second, will my future spouse like the home I choose? [...]
Myth#5 I can’t afford to buy my dream home. Fact: The best way to get closer to buying your dream home is to buy your first home. Very few people can afford to buy their dream home when they buy their first home. In face, according to the National Association of Realtors, 69 percent of [...]