Mortgage Credit Certificate Program (MCC)
SINGLE-FAMILY BOND PROGRAM
FUNDING SOURCE: Housing Finance Authority of Broward County
PURPOSE: The Single-Family Bond Program offers low-rate mortgage options, to finance 100% of the purchase price for purchase of new or existing single family home, condo or town home.
FEATURES: A Single-Family Bond Program is a first mortgage with a 30 year market rate interest of the full loan amount, to be credited at closing to down payment or closing costs. Zero origination and zero discount. First mortgage bond program mortgage and note are exempt from documentary stamps and intangible tax. This represents a significant savings for homebuyers.
INCOME LIMITS: See Income Chart on following page.
COVERAGE AREA: County-wide
STATUS: Inactive
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