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Form8396Mortgage Interest Credit OMB No. 154500742021(For Holders of Qualified Mortgage Credit Certificates Issued by State or Local Governmental Units or Agencies) Department of the Treasury Internal

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How to fill out mortgage credit certificate program

01

Contact the appropriate agency in your state to inquire about the mortgage credit certificate program

02

Complete and submit the necessary application and documentation

03

Provide proof of eligibility and meet the necessary requirements

04

Wait for approval and receive your mortgage credit certificate

Who needs mortgage credit certificate program?

01

First-time home buyers

02

Low to moderate income individuals

03

Individuals looking to save money on their mortgage interest payments

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What is mortgage credit certificate program?

The mortgage credit certificate program is a federal program designed to assist low to moderate income homebuyers by providing a tax credit on a portion of the mortgage interest paid.

Who is required to file mortgage credit certificate program?

Homebuyers who qualify for the program and wish to take advantage of the tax credit are required to file for the mortgage credit certificate program.

How to fill out mortgage credit certificate program?

To fill out the mortgage credit certificate program, homebuyers must complete the necessary application forms provided by their state or local housing finance agency.

What is the purpose of mortgage credit certificate program?

The purpose of the mortgage credit certificate program is to make homeownership more affordable for low to moderate income individuals and families.

What information must be reported on mortgage credit certificate program?

Homebuyers must report information related to their mortgage loan, income, and other required documentation to be eligible for the tax credit.

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