Many state, county and local government programs offer financing for qualifying low-to-moderate income families wishing to purchase their first home. Loan assistance programs like Mortgage Credit Certificate (MCC) offer a partial tax credit for interest on the loan.
These programs typically offer:
More relaxed qualifying guidelines
Lower upfront fees
Lower interest rate
Fixed rate
For more information regarding these programs in Washington State, please either call me or visit the Washington State Housing Finance Commissions's website at www.wshfc.org.
