Fannie Mae announced April 25th that they will make it easier for borrowers with student loans to qualify for a mortgage. This is great new for current and former students who have been overburdened by student loan debt. These changes will go into effect May 1st 2017. The Economist reported in June 2014 that U.S.… Continue reading Fannie Mae Helps Borrowers with Student Loan Debt Qualify for a Mortgage!
Tag: Credit
South Carolina Tax Credit
What is the SC Mortgage Tax Credit? The SC Mortgage Tax Credit is a Mortgage Credit Certificate (“MCC”) program administered by the South Carolina State Housing Finance and Development Authority (SC Housing) that provides a federal income tax credit to qualified homebuyers of up to $2,000 per calendar year. An MCC is a certificate that… Continue reading South Carolina Tax Credit