Lenders and Real
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Information for Single-Family
Lending and
Real Estate Professionals
Program Announcement
May 10, 2016
Current MCC Allocation Reserved, Waitlist Available
Dear MCC Program Contact:
Thank you for participating in the Mortgage Credit Certificate (MCC) program. As of May 10, 2016, the current allocation has been completely reserved. The Commission will no longer accept reservations under this allocation.
A new allocation of $90 million is anticipated to be available in approximately 8 weeks.
If your lending institution currently has customers in the pipeline without a reservation, you are welcome to place your borrower on a wait list, here is the link to the wait list form https://form.jotform.com/61155767182965. This form can also be found on our website under Lenders, MCC manual and forms, wshfc.org/sf/MCC.html.
We will place the borrowers under a “reserved” status once a loan in our current pipeline cancels or when the new allocation becomes available.
Please pass this announcement on to the staff at your lending institution involved in this program.
Please contact me at Corinna.obar@wshfc.org if you have any additional questions.