mortgage credit certificate rules

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Montrose Daily Press

News from www.montrosepress.com

Crews run into treacherous conditions in Colo fire
BOULDER (AP) - Firefighters encountered a tangle of rattlesnakes, downed power lines and combustible propane tanks Wednesday as they struggled to get an upper hand on a wildfire that has destroyed dozens of homes.
EXTRA Aircraft meeting a bust: No consultant report, no vote
MONTROSE - A consultant’s report on EXTRA Aircraft was to have been presented to the public Wednesday but instead was delayed - much to the surprise of about 100 citizens who took time to attend the special meeting of Montrose County commissioners.

mortgage credit certificate rules

What are the rules for mortgage credit certificates?

To qualify for a mortgage credit certificate, both your income and the purchase price of the home must fall within established city guidelines. These guidelines vary by city but generally only permit people who earn an average income or slightly higher than average income.
A limited number of cities have authorized the MCC program. Contact your municipal housing department for more information.

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