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$2,000 Federal Income Tax Credit
- Jeffrey C. Bishop
- May 1, 2015
- 1 min read
Every South Carolina hombuyer should know about the South Carolina Mortgage Credit Certificate program.
The program allows for a Federal Tax Credit that can rebate up to 30% of the interest you pay on a mortgage loan, for as long as you own the home. The tax credit is capped at $2,000.00 per year. If you live in your home for 15 years, thats $30,000.00 you can put back into your pocket.
Most homebuyers qualify for the program, although few take advantage of the program. Call me today to see if you qualify.