First Time Home Buyers, You may qualify for an MCC as additional income to qualify a loan! | Ridge Real Estate Group | Bay Area Realtors | Delivering Outstanding Service

A Mortgage Credit Certificate is available in ALL of CONTRA COSTA COUNTY on a first come first serve basis to qualified First Time Home Buyers. This home buyers assistance program provides qualified federal income tax credit to reduce their individual’s tax payment by an amount equal to the credit.

According to California Contra Costa County:

Income tax credits reduce an individual’s tax payment(s) by an amount equal to the credit. Under the MCC program, the maximum tax credit available is equal to 20 percent of the annual interest paid on the borrower’s mortgage. By reducing the borrower’s federal tax liability, the tax credit essentially provides additional income which can be used for mortgage payments.

Eligibility requirements are as follows:

  • They have not owned a home in the last three years
  • The purchase of the home must be for a primary residence and will not be used as a rental or investment property.
  • Find a participating lender and submit a nonrefundable $300 application fee along with the loan application.
  • The home purchase price must not exceed $625,765 for new homes or never occupied as well as existing resale units. There are target areas that are allowed by the Federal Government to allow higher limits of $764,823. (Consult with your Professional Real Estate Team for more information)
  • The income qualification are as follows:  Household Size Non-Target 1 – 2 Person $104,400 and 3+ Person $120,060 Target Area  1-2 Person $125,280 and 3+ $146,160

The types of loans that are available with the Mortgage Credit Certificate are Conventional/Conforming, CalFHA, FHA, USDA and VA Loans.

For more information on qualification and availability contact our Ridge Real Estate Group Team to help you understand the entire process.

Contact Us!

The Ridge Real Estate Group has been Building Relationships for Generations as your Real Estate Team throughout Contra Costa County. Steve and Debbie Ridge are Real Estate Brokers who started their journey about 30 years ago in Benicia. Their knowledge, expertise, and reputation in the industry have created a name that lasts and empowered their very own daughter, Jessica Evans, to join the Ridge Real Estate Group and to take the company to the next level!

Watch The Ridge Real Estate Group Story!

Together, the Family Real Estate Company covers a multi-generational wealth of knowledge! Debbie and Steve Ridge brings you years of experiences and the main core of real the Real Estate industry, while Jessica Evans brings you her extensive background in marketing and technology.

“Still the same, in one important sense, and that is this is a relationship business. That hasn’t changed. The technology absolutely, but the core is building relationships and working with people.” Steve Ridge

Jessica’s vision to grow the Ridge Real Estate group is a combination of keeping family traditions, while building a strong team with a reputable name for their clients throughout the Contra Costa County.

“I see the Ridge Real Estate Group as a reputable team in the industry. We don’t over promise and under deliver and we don’t disappear after the transaction. We build relationships with our clients for generations!” —Jessica Evans

To read more about Jessica Evans and the Ridge Real Estate Group Click here.

If you are looking to buy a home in BeniciaPleasant Hill, or throughout Contra Costa, Click the following options below:

To learn more about the Ridge Real Estate Group, log on to

Jessica Evans

Realtor | Ridge Real Estate Group

Berkshire Hathaway Drysdale Properties

Cell: 707.315.9803 | Team Line: 925.289.9709

DRE #01998765