Maryland HomeCredit

The Maryland HomeCredit Program provides a Mortgage Credit Certificate (MCCs) which entitles eligible borrowers to take a federal income tax credit equal to 25% of the interest paid during that tax year on a mortgage loan covered by the MCC, up to a maximum of $2,000 per year. Borrowers can use the MD HomeCredit program in conjunction with select Maryland Mortgage Program (MMP) loans, or by utilizing an eligible loan offered by a MD HomeCredit-approved lender.

PROGRAM BENEFIT

This program reduces your income taxes.

ELIGIBILITY & LIMITATIONS

• You must live in this home as your primary residence.
• Your mortgage amount cannot exceed Maryland Mortgage Program limits.
• Household income cannot exceed Maryland Mortgage Program limits.
• For purchases in Baltimore City, this program is not limited to first-time homebuyers.

ADDITIONAL REFERENCES & RESOURCES

MMP Program Fact Sheet

PROGRAM CONTACT

Maryland Department of Housing and Community Development, Maryland Mortgage Program
Website