Home loan Borrowing Certificate Income tax Borrowing from the bank System MCC Here’s how to get property having little money off, playing with CalPLUS Traditional Loan, on the cuatro% Zip and 3% MyHome assistance programs: Cost $3 hundred,000 including Projected Settlement costs $8,eight hundred = Total Necessary: $308,eight hundred CalPLUS Traditional Loan amount (95% out-of purchase price): $285,000 Zero (4% out-of first mortgage amount): $eleven,eight hundred MyHome (3% off price):