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Broward County Mortgage Credit Certificate
Broward County Housing Finance Authority
www.broward.org/housing/

Contact


Broward County Housing Finance Authority
110 N.E. 3rd Street Suite 300
Fort Lauderdale Florida 33301
954 357-4900






Program Overview


Broward County Mortgage Credit Certificate is a program that provides a credit against federal income taxes for first-time homebuyers

The application fee is $ 175.


Who is eligible for thisTest program?


Borrowers must meet normal mortgage underwriting requirements. The first-time homebuyer requirement is waived for purchasers who are pruchasing within a targeted area

Household Income Limit: $ 100240
Is thisTest program for first time buyers only? No


Property Eligibility Requirements


The sales price cannot exceed $ 391153, or $478076 in a targeted area..
Allowable property types: Single family homes, condos, townhomes, manufactured homes, Plan Unit Developments


Benefit Details


Provides a credit against federal income tax for a percentage of the mortgage interest paid in the prior year (for 2011, the maximum percentage is 30%). The maximum credit is $2000 Maximum credit of $2000 per year

Benefit: Credit against federal income tax for a percentage of the mortgage interest paid.
Owner Occupancy Required:0

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Please note: Every attempt is made to reflect accurate and up to date information on housing programs displayed on thisTest site. Some inaccuracies may exist. If you believe thisTest information is not current, .



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