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Mortgage Credit Certificate (MCC)

With DCHFA’s Mortgage Credit Certificate (MCC), qualified borrowers have the ability to claim a Federal Tax Credit of 20% of the mortgage interest paid during each calendar year.

For additional information, click the button below to navigate to the MCC informational page for homebuyers.

Mortgage Credit MCC DCHFA alt

Program Documents

Below are various documents you may need for the MCC.

Presentations & Manuals

Application Documents for MCC

Closing Documents for MCC

Post-Closing Documents

Additional Resources

DCHFA Loan & MCC Reservations: Lender on Line

DCHFA Loan Servicer: Lakeview

File Submissions

All files must be submitted electronically using your company’s unique ID to login. Please contact your administrator if you do not have this information.

Submission Portal

DC OPEN DOORS INTEREST RATES

DCOD FHA with DPA – N/A*

DCOD FHA No DPA – 7.250%

DCOD Conventional no DPA ≤80% AMI – 7.1250%

DCOD Conventional no DPA >80% AMI – 7.375%

DCOD Conventional with DPA ≤80% AMI – 8.000%

DCOD Conventional with DPA >80% AMI – 8.1250%

 

Last Updated: 4/11/2024

Jumbo/High Cost loan rates available upon request

DC4ME INTEREST RATES

DC4ME Conventional no DPA ≤80% AMI – 7.1250%

DC4ME Conventional no DPA >80% AMI – 7.3750%

DC4ME Conventional with DPA ≤80% AMI – 8.0000%

DC4ME Conventional with DPA >80% AMI – 8.1250%

 

Last Updated: 4/11/2024

Jumbo/High Cost loan rates available upon request

Jumbo/High Cost Loan Rates Available Upon Request | Email hfaloans@dchfa.org

*Due to continued market volatility, pricing for some DPA options has been unavailable in the market. As a result, DCHFA may not be able to offer a rate for that day. Our ability to continue to offer these DPA options will depend on daily pricing and market conditions, so we encourage you to check our website and lender portal daily. We appreciate your continued participation in our programs and ask for your patience as we continue to monitor market conditions. We understand that the unavailability of these options may have caused difficulty for some borrowers who were counting on the additional DPA. We will make adjustments as needed to continue to provide the best down payment assistance programs for borrowers.

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