HFA of Palm Beach MCC

HFA of Palm Beach – Mortgage Credit Certificate (MCC) Program

Existing Program ended 12/31 –  New Program coming soon





Lender/Program Portal



Note-Program details are available in the Administrator’s Guidelines
  • MCC amount:  $25million
  • Targeted Area Set-Aside:  $5 million
  • Palm Beach
  • First-time Homebuyers – All Borrower(s) & Spouses (occupant or non-occupant)
  • Must be able to permanently reside in the U.S.
  • Principal residence
  • Borrower(s) must occupy property within 60 days of closing
  • IRS filed returns for past 3 yrs – all borrower(s) & spouses
  • FHA, VA, FNMA, Freddie Mac, USDA-RD (Special Portfolio Loans)
  • Household income is considered for All Borrower(s) , spouses and anyone 18 years or older
    • Non-Target  1-2 person hhld = $72,544  |  3+  person hhld =  $83,426
    • Target  1-2 person hhld = $86,280  |  3+  person hhld = $100,660
    • Non-Target  = $317,646
    • Target  = $388,235
  • Required for all borrowers on Warranty Deed
  • Reservation to UW Certification 30 days
  • Compliance File Must be delivered within 10 days of closing to the Administrator.
  • All file deficiencies must be cleared within the maximum origination period (Reservation to Compliance Approval of 90 Days)
  • If you are interested in participating in this program click here.
  • Program Forms are available on-line and automated. After you login to Lender Portal, click on FORMS

MCC Rate

  • 50% Mortgage Credit; Maximum $2000/yr
  • Term: 15 or 30 Year Amortizing

eHousingPlus is the Program Administrator, and provides some of the following services:

Administrator Guidelines (9/21)   Administrator Guidelines 4/27, 6/9

  • Provides the web-based program loan reservation and management system, Administrator’s Guidelines, Program forms, Lender Program and System Training, Notices and updates to Lenders, Compliance Support to Lenders, Reviews Compliance Files, Timelines, Works with the Agency on Program Goals.  Issues MCC Certificates and provides lenders with end of year 8329
  • Need help,  Click here
 Pre-Closing (Notices to Buyers) Form form 7-15



The Following Lenders have been approved to originate loans in this Program:

  • American Financial Network
  • Cornerstone Home Lending Inc.
  • Eagle Home Mortgage, LLC.
  • Equity Prime Mortgage/ Equity Loans LLC.
  • Everett Financial, Inc. dba Supreme Lending
  • Gold Star Mortgage
  • Hamilton Group Funding, Inc.
  • HG Mortgage
  • IberiaBank Mortgage
  • K. Hovnanian American Mortgage, LLC.
  • LendSmart Mortgage (Ideal Lending Solutions)
  • loandepot.com, LLC
  • Paramount Residential Mortgage Group (PRMG)
  • The Mortgage Firm, Inc
  • Van Dyk Mortgage

Interested in becoming a participating lender? Contact us.

Program Updates
  • 7/7 revised income and acquisition limits
  • 5/11 – revised income and acquisition limits – effective 6/14 – please see guidelines (Non-Target  1-2 person hhld = $78,720 and  3+  person hhld = $91,840)
  • 1/1/2016-The 2015 Program with 25million will start in January.  Pending Loans from previous program will be transferred.
  • 1/1 – Income & acquisition limits increased

EhousingPlus University

  1. eHP Lender Program Training
    • Required for everyone participating in the program
    • offered 24/7
    • Click here to attend Program training
  2. eHP System Training*
    • After you complete the online Lender Program Training, information is provided as to what happens next.
    • Click here to register for system training


Should you have any questions on training, please contact jennifer@ehousing.cc

To read more about eHP Program Training, click here.

* System Training is required at least once, so that users gain the knowledge necessary to originate and manage their loans on-line. eHP University provides additional opportunities to re-train and/or refresh your system knowledge. Recurring (experienced) system users do not need to attend system training.