The Maryland HomeCredit Program (MD HomeCredit Program) provides Mortgage Credit Certificates (MCC) that entitle eligible borrowers to take a federal income tax credit equal to a percentage (the Certificate Credit Rate stated below) of the interest paid during the year on a mortgage loan covered by the MCC, up to a maximum of $2,000 per year.

A "Maryland HomeCredit” allows a homeowner to claim an annual federal tax credit equivalent to 25% of their mortgage interest payments in a given tax year. This can potentially save a homebuyer tens of thousands of dollars over the life of a loan, and makes owning a home more affordable. Together with a home loan through the Department’s Maryland Mortgage Program, which offers Down Payment Assistance and the certainty of a 30-year fixed interest rate, the State of Maryland is making the dream of sustainable homeownership a reality for more Marylanders.