Arkansas Mortgage Credit Certificate (MCC)

Arkansas Housing Finance Authority

Available Down Payment

About This Program

Arkansas Mortgage Credit Certificate (MCC) is available to homeowners in Marion, AR.

Converts a portion of mortgage interest into a direct federal tax credit for first-time homebuyers. The MCC provides up to 20% of annual mortgage interest as a dollar-for-dollar reduction in federal income tax, helping make homeownership more affordable.

Tax credit equals 20% of annual mortgage interest paid, up to maximum credit amount

Official source site checked live on 2026-06-22.

Data last verified 2026-06-09. How we verify our data.

In Marion, AR, you can combine this program with other local help to cut your cost:

Key Details

  • Tax credit equal to 20% of mortgage interest paid annually
  • Must be first-time homebuyer or buying in targeted area
  • Income limits vary by county (typically 80-115% AMI)
  • Credit can be claimed every year you have the mortgage
  • Can be combined with down payment assistance

How to Apply

Get free help applying Visit Official Program Page Track this program

(501) 682-5900

A grant-savvy contractor in Marion, AR can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Your federal tax return for the year of the work (this benefit is claimed on your taxes, not through a separate application).
  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing program, subject to funding availability

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Frequently asked questions

How much can Arkansas Mortgage Credit Certificate (MCC) provide in Marion, AR?

Up to $2,000 annual tax credit.

Who qualifies for Arkansas Mortgage Credit Certificate (MCC) in Marion?

Arkansas Mortgage Credit Certificate (MCC) is open to homeowners in Marion, AR.

How do I apply for Arkansas Mortgage Credit Certificate (MCC) in Marion, AR?

Apply directly with Arkansas Housing Finance Authority using the official program link on this page or call (501) 682-5900. There is no middleman and no fee.

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