By completing the Washington State Housing Finance program, many people will qualify for a home because they can afford the monthly mortgage payments and can get in with little or no down payment. The workshop also qualifies those who attend to take advantage of the Mortgage Credit Certificates (MCC’s). Homebuyers receiving MCCs are entitled to an income tax credit equal to a specified percentage (commonly 20%) of the interest that is paid during the taxable year on the mortgage of the borrower’s principal residence. Borrowers are permitted to reduce the withholding on wages by the full amount of the tax credit to ensure an adequate cash flow and ability to make the mortgage payment. The rest of the interest is still tax deductible.
Workshop Times and Dates
Saturday, May 5th
11:00 AM to 4:00 PM
Empower Real Estate
900 SW 16th St
Renton, WA 98058
Saturday, May 12th
10:00 AM to 3:00 PM Windermere Real Estate Shorline 900 N 185th St Shoreline, WA 98133 Saturday, May 19th 10:00 AM to 3:00 PM Renton Eagles 220 Wells Ave So Renton, WA 98057
Call Mike England to Register 206-271-3219 or email mike@vikingmtg.com
You can also attend our on-line workshops for valuable information. However, you must attend in person to qualify for down payment assistance or MCC tax credit.
