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Updated over 6 years ago on .
Can I "income out" of a mortgage credit certificate?
Let's say that I want to get a mortgage credit certificate (MCC) on a home that I am going to live in. It has certain income qualifications to get it. At the time I purchase the home, I am within those parameters and get the MCC. Afterwards, if I get married to a wealthy lady or if I get a big promotion and start making a lot more money, to the point where I no longer fit into those parameters after the home purchase, am I still able to claim the the MCC or do I lose it?