All Posts Tagged With: "certificate"
What’s MCC Financing?
Because states have better credit than people, they can borrow money at low rates. Under Mortgage Credit Certificate (MCC) programs, a state lends money to first-time buyers and low-income buyers (usually) at below-market rates (but at rates which cover the interest cost of floating bond issues) and with little down (say 1 to 5 percent). [...]
28Aug2008 | Peter G. Miller | 0 comments | Continued
© Copyright 