Good news for first-time home-buyers and qualified veterans!
The Colorado Housing and Finance Authority (CHFA) is bringing back a popular program that pays home-owners back on their taxes in the form of a credit. That means buyers can receive up to 20% of the mortgage interest they pay to reduce their federal tax bill. Buy a house, pay less taxes for as long as you own and live in the home!
The program, called the Mortgage Credit Certificate, is limited and requires buyers to apply. Talk with your agent about how you can use this loan program to find your dream home. Lender Josh Groner, with Universal Lending, can help out by explaining the program to interested buyers.
Josh explained that the program is valid for 30 years, or as long as you…